Advertisement

Consunjis mum on MRT 7 rebid

The Consunji family of the DMCI Group is keeping mum at the moment over the decision of San Miguel Corp. to  rebid the contract to build the Mass Railway Transit Line 7. San Miguel two years ago awarded the project contract to DMCI and partner Marubeni Corp. of Japan.

D. M. Consunji Inc. president and chief operating officer Jorge Consunji, in a chance meeting during the opening of expansion phase of the Solaire Resort & Casino project, said he could not comment on the statement of San Miguel president Ramon Ang because of a “non-disclosure agreement.” Jorge’s D. M. Consunji built the expansion project of Solaire.

Jorge also declined to say if the company would participate in the rebidding, if San Miguel pushed through with the new auction.

He acknowledged that since San Miguel was the operator of MRT 7, “they reserve all the rights’’ over the project.

Sources said San Miguel might be looking at a Korean company as the possible contractor of MRT 7.

The DMCI-Marubeni consortium in 2012 bagged the construction contract for the $1.2-billion MRT 7 railway project of Universal LRT Corp., a unit controlled by San Miguel.

Ang argued that there was a need to update the costing of the project, after prices of construction materials had dramatically changed since 2012.

 

COMMENT DISCLAIMER: Reader comments posted on this Web site are not in any way endorsed by Manila Standard. Comments are views by manilastandard.net readers who exercise their right to free expression and they do not necessarily represent or reflect the position or viewpoint of manilastandard.net. While reserving this publication’s right to delete comments that are deemed offensive, indecent or inconsistent with Manila Standard editorial standards, Manila Standard may not be held liable for any false information posted by readers in this comments section.
AdvertisementSpeaker GMA
Advertisement