Wednesday, March 10, 2010

To and from Cojuangco town

May 15, 2009 by Administrator  
Filed under Boomtown, Op-Ed

In terms of business focus, it seems amiss for Cojuangco-chaired San Miguel Corp. (SMC) to be interested in a sizable stake in the proposed 88-km toll road that will extend the North Luzon Expressway from Mabalacat, Pampanga, all the way to La Union, coursing through the Subic-Clark-Tarlac Expressway. But then, other than the potential revenues from the project, on the political front, it also makes sense for SMC chairman Eduardo Cojuangco Jr. to favor the tollway investment. After all, it improves access to and from his own bailiwick of Tarlac, and is expected to also pass his son Mark’s legislative district in Pangasinan.