Tag page - infrastructure

Cavitex Infrastructure Corporation (CIC) is doing double time early this year to complete new segments of the P15.3 Billion, 7.7 kilometer Manila-Cavite Expressway (Cavitex) C-5 Link Expressway by second quarter, 2022. "We are doubling our efforts on the construction of Segment 2 and Segment 3A-2...

Ayala-led AC Energy and Infrastructure Corporation (ACEIC) and its Hongkong-headquartered partner UPC Renewables have engaged three foreign banks for the loans they have secured for the 400-megawatt(ac) first phase of their solar farm installation in New South Wales, Australia. In a statement to...

The private sector's takeover of water districts often results in job losses to government employees, something that worries the Local Water Utilities Administration (LWUA). LWUA Administrator Jeci Lapus said that because of the joint ventures (JV) between private companies and state-owned water...

Prime Water Infrastructure Corp., a company owned by the family of Senator Cynthia Villar, has already taken over “100 water districts and counting” nationwide, a top official from Local Water Utilities Administration (LWUA) said. LWUA Administrator Jeci Lapus said that of the more than 500...

Diversified conglomerate San Miguel Corporation (SMC) posted a net income of P15 billion for the third quarter of 2020, a full turnaround from the P4.0 billion loss incurred in the first half following the easing of restrictions starting July.  Consolidated revenues and operating...