Hope this happens. Clark to our house in Balanga Bataan takes about 1hour, less if my brother drives. By bullet train I estimate a less than 30 minute journey from QC North Ave. Damn. Puwede akong mag uwian. City salary level , provincial type life. woot.
San Miguel eyes Clark airport terminal, bullet train deals
Reuters | 03/26/2010 5:09 PM
MANILA, Philippines – Philippine conglomerate San Miguel Corp. said on Friday it is looking at investing in an airport terminal and a bullet train to further expand its business interests to speed up future growth.
In response to media reports, San Miguel said it was evaluating whether to invest in a consortium looking to develop a second terminal at the Diosdado Macapagal International Airport in the Clark freeport zone in Pampanga, north of the capital.
“We further advise that the company commissioned a group that includes international experts to prepare an in-depth study relating to the construction and operation of bullet train facilities that will run the Laoag-Manila-Bicol route,” San Miguel told the stock exchange.
No further details were given of the bullet train for the main Luzon island, which would be the first in Southeast Asia.
Shares of San Miguel’s A-shares, which only Filipinos can buy, ended flat at P74 on Friday. Its B-shares, open to all, were also unchanged at P74, underperforming a 0.3% gain in the main index.
via San Miguel eyes Clark airport terminal, bullet train deals | ABS-CBN News Online Beta.