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Lopez holding firm targeting Subic-Clark-Tarlac road deal.
(From BusinessWorld (Philippines))
Byline: Ruby Anne M. Rubio
Lopez-led First Philippine Holdings Corp. is targeting the contract to run the Subic-Clark-Tarlac expressway project as it readies the expansion of its electronics manufacturing arm.
Ernesto B. Rufino, senior vice-president and treasurer, said First Holdings is in talks with a syndicate of five to six banks as it looks at bidding for the operation and maintenance of the Subic-Clark-Tarlac expressway.
"We are still trying to arrange that. We will do this on the first half of the year," he said.
The 94-kilometer expressway will directly connect major development areas of …
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