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Manila Times Business

No final decision yet on Boracay bridge project — San Miguel

MANILA, Philippines — San Miguel Corp. (SMC) late Friday said that no final decision had been made to abandon the proposed P7.78-billion Boracay Bridge Project. Aklan Gov. Jose Enrique Miraflores on Wednesday announced that the conglomerate had backed out of the project following a May 13 meeting with San Miguel Chairman and CEO Ramon Ang. Subsequent reports, however, quoted Ang as saying the news was “not true.” San Miguel blamed differing interpretations of the May 13 meeting

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Source: manilatimes.net

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