San Miguel Corporation eyes building Iloilo-Guimaras bridge

News

San Miguel Corporation (SMC) has confirmed in a document sent to Philippine Stock Exchange (PSE) that it is planning to invest in certain projects in Iloilo City including the construction of Panay to Guimaras bridge.

“By way of response to the Exchange, we confirm that San Miguel Corporation plans to invest in certain projects in Iloilo City, inclusive of the submission of an unsolicited proposal for the construction of a bridge that will connect Panay to Guimaras,” SMC told PSE through its corporate information officer Ferdinand K. Constantino.

Constantino added that SMC also plans to invest in additional manufacturing facilities such as a grain terminal and feed mill to complement SMC’s existing investments.