Quantcast

BizBuzz column details clarified


We write in connection with a BizBuzz article titled “PPP’s perfect attendance” (Inquirer, 2/11/13). We wish to correct some items in the story for the benefit of the reading public.

First, the article erred in describing the Harbor Link Project of the Manila North Tollways Corp. (MNTC) as an unsolicited proposal. The Harbor Link Project is not an unsolicited offer. It is in fact part of the Manila North Expressway Project covered by the Supplemental Toll Operation Agreement dated April 30, 1998. This agreement was entered into by the Republic of the Philippines acting through the Toll Regulatory Board (TRB), the Philippine National Construction Corp., and MNTC.

Second, we wish to point out that from information we gathered, a representative of the National Economic and Development Authority was also present during the board meeting called by the TRB to discuss MNTC’s Connector Road project.

Finally, the article mentioned that the representatives of the PPP (Public-Private Partnership) office and Department of Finance were especially interested in having the San Miguel-Citra Group sign a memorandum of agreement (MOA) with the MVP Group, when the latter’s project was still subject to a Swiss challenge.

Please note that the MOA will spell out the implementation arrangement for the portion of the “common alignment” between Skyway Stage 3 and the NLEx-SLEx Connector Road, as required by Neda. Whoever wins the Swiss challenge for the Connector Road project will have to respect the agreements reached on the common alignment.

—CHRISTOPHER C. LIZO
chief finance officer
Metro Pacific Tollways Corp.


Follow Us


Follow us on Facebook Follow on Twitter Follow on Twitter


Recent Stories:

Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.

Short URL: http://opinion.inquirer.net/?p=47121

Tags: Harbor Link , letters to the editor , MNTC , opinion , the Manila North Tollways Corp. , ``bizbuzz’’



Copyright © 2014, .
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94
Advertisement
Advertisement

News

  • Malaysia, Flight 370 relatives talk financial help
  • Celebrating Easter and creativity in New York
  • Man wins half marathon, dies in Argentina
  • Clouds to bring slight relief from summer heat
  • Canadians rally to legalize marijuana
  • Sports

  • Reigning champs Miami open playoffs with win
  • Spurs subdue Mavericks in playoff opener
  • Wawrinka beats Federer to win Monte Carlo Masters
  • Ageless Hopkins pitches 50-50 Mayweather deal
  • Goodbye MGM, Las Vegas for Pacquiao?
  • Lifestyle

  • Miss America: Don’t suspend teen over prom invite
  • Transitions and resurrection in the performing arts
  • ‘Archaeology tour’ of Cebu’s heritage of faith
  • Historic Fort Bonifacio tunnel converted into a septic tank
  • ‘Imports’ from London, and play of the year
  • Entertainment

  • ‘Captain America’ stays strong atop US box office
  • Easter musings
  • Solenn in shorts
  • Unmerry mix of attention-calling moves on ‘Mini-Me’ TV tilts
  • Persistence pays off for The 1975
  • Business

  • BDO seen keen on bidding for Cocobank
  • Bataan freeport investment pledges up 1,302%
  • Golden Week
  • Bourse to woo Cebu stock mart investors
  • Supper power
  • Technology

  • Nintendo’s trailblazing Game Boy marks 25th anniversary
  • Nasa’s moon-orbiting robot crashes down
  • Netizens pay respects to Gabriel Garcia Marquez
  • Nokia recalls 30,000 chargers for Lumia 2520 tablet
  • Facebook rolls out ‘nearby friends’ feature
  • Opinion

  • Gigi’s home
  • Palace stonewalls on MRT inquiry
  • Couple of things too
  • There is plenty of water behind Wawa Dam
  • Triduum thoughts of a young boy
  • Global Nation

  • Obama on mission to quiet Asia skeptics
  • Search for Etihad passengers launched
  • Japan presents $57-B ‘dream plan’ to solve Metro congestion
  • Tim Tebow’s charity hospital in Davao seen to open in 7 months
  • OFW died of Mers-CoV in Saudi Arabia, says family
  • Marketplace