Caticlan Airport upgrade has bridge proposal to Boracay
11 July 2016 - Doris Dumlao-Abadilla, Philippine Enquirer
Conglomerate San Miguel Corp. is keen on scaling up its stake in Caticlan—the gateway to Boracay Island—by building a game-changing 1.9-kilometer toll bridge that will connect the world-famous beach community to the mainland.
In an interview with the Inquirer, SMC president Ramon S. Ang said that the infrastructure project, which would be up to the local government unit to award to a private sector partner, was estimated to cost $100 million (about P4.6 billion at current exchange rates).“We proposed the idea for them to bid out. For us, it’s okay if there are other bidders,” Ang said.
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