The president of infrastructure group San Miguel has mooted that a 2km toll bridge be built to connect the small island holiday resort of Boracay with the Larger Panay Island.
Boracay - just over 10km2 - is an increasingly popular international tourist destination around 315km south of the Philippine capital Manila and 2km off the northwest tip of Panay in Western Visayas island group. The island is blessed with exceptionally white sand beaches and is administered by the Philippine Tourism Authority and
Cause for concern comes from the US where the National Highway Transportation Safety Agency (NHTSA) has revealed an increase in road fatalities during 2012. The NHTSA’s statistical projection of traffic fatalities suggests that 34,080 people died in vehicle traffic crashes in 2012, an increase of about 5.3% over the 32,367 killed in 2011.
San Miguel Corporation, Metro Pacific Investments Corporation and an unidentified firm reportedly are bidding in the US$1.25 billion re-auction for work on the Cavite-Laguna Expressway. The deal involves building, operating and maintaining the 47km four-lane toll road for 35 years under a public-private-partnership. The sum includes a $448 million bid price, equal to the premium offered by SMS subsidiary Optimal Infrastructure Development during the first tender for the project in June 2014. San Miguel was
