• Politics
  • Economy
  • Stock
  • World News
  • Editor’s Pick
Investments Aims
EconomyEditor's Pick

SMC’s Boracay toll bridge to undergo Swiss challenge

by June 1, 2025
by June 1, 2025

THE P8.01-billion unsolicited proposal submitted by San Miguel Corp. (SMC) to build a toll bridge connecting the resort island of Boracay to the Panay mainland is scheduled to undergo a Swiss challenge by July, the Department of Public Works and Highways said.

“We are in the process of finalizing (approvals) with the local government. The plan of San Miguel to build the Boracay bridge has already received initial approval,” Public Works Secretary Manuel M. Bonoan told reporters last week.

“Before we subject it to Swiss challenge, we want to determine if it has a go-signal from the local government unit. We have to finalize the arrangements with the local government. If approved, then we will proceed with the Swiss challenge.”

Boracay is under the jurisdiction of the municipality of Malay, Aklan. In a Swiss challenge, rival bids to an unsolicited proposal will be invited, with the original proponent holding the right to match the best opposing bid.

The Public-Private Partnership (PPP) Center lists the project components as financing, design, construction, and maintenance of a 1.2-kilometer bridge between Boracay island and the Caticlan district of Malay.

The proposed bridge will be a two-way two-lane bridge with a provision for a bike lane and sidewalk on each side, the PPP Center said.

Mr. Bonoan said the conclusion of the May elections should mean the local government officials providing the necessary approvals will be in place shortly.

“We have to settle with new leadership; there will be changes with political personalities. So maybe between June or July,” Mr. Bonoan said.

The project is expected to help address Boracay’s growing solid and liquid waste management issues by providing reliable access and provisions for waste disposal, the PPP Center said. — Ashley Erika O. Jose

0 comment
0
FacebookTwitterPinterestEmail

previous post
Plane Flies Over Indy 500 with Disgusting Message on Banner Behind It
next post
NG borrowing surges to P390B in April

You may also like

IPA targets set for review after Q1 slowdown

June 2, 2025

Economic sabotage probe ordered against AirAsia’s travel agency

June 2, 2025

Questions raised over sustainability of FTI pork direct-sourcing...

June 2, 2025

EDSA rehab plan scrapped in favor of new...

June 2, 2025

SRA seeks emergency powers to curb Negros pest...

June 2, 2025

Exporters certified to avail of CREATE MORE perks

June 2, 2025

PHL obtains €250-M funding from France to support...

June 2, 2025

Italy touted as potential market for mangoes

June 2, 2025

Introducing the SEC Zuper Easy Registration Online (ZERO)

June 2, 2025

Mining fiscal reform bill stalls over ore export...

June 1, 2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Join The Exclusive Subscription Today And Get Premium Articles For Free


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recent Posts

  • Legendary Playwright David Mamet Uses Shocking Analogy to Explain How Lost Democrats Are as a Party (VIDEO)

    June 3, 2025
  • Newark Mayor Baraka Planning to Sue Feds After Arrest at Detention Center – Alina Habba Responds

    June 3, 2025
  • CNN Data Analyst Stunned by Polls Showing GOP Beating Dems on Economy – Says Dems No Longer Party of the Middle Class (VIDEO)

    June 3, 2025
  • TALKING POINTS: Dem Senator Chris Murphy Claims Republican Bill With Trump Tax Cuts Will Only Benefit the Super Rich (VIDEO)

    June 3, 2025
  • Tampon Tim Walz Thinks He Has Figured Out Why So Many Young Men Voted for Trump (VIDEO)

    June 3, 2025
  • Terms & Conditions
  • Privacy Policy
  • Contact us
  • About us

Copyright © 2024 Investments Aims. All Rights Reserved.

Investments Aims
  • Politics
  • Economy
  • Stock
  • World News
  • Editor’s Pick