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[Title] => NLEX rehab to push through
[Summary] => After a seven-year delay, the modernization and rehabilitation of the North Luzon Expressway (NLEX) may finally push through in April, Renato Diaz, presidential adviser for regional development covering Northern Luzon, said yesterday.
"The government has given assurance to creditor banks of the Manila North Tollways Corp. (MNTC) that in the event that MNTC defaults on its loans, the creditor banks have the right to nominate who will operate the tollway," Diaz said.
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ASSURANCE POUR
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[Title] => NLEX rehab to push through
[Summary] => After a seven-year delay, the modernization and rehabilitation of the North Luzon Expressway (NLEX) may finally push through in April, Renato Diaz, presidential adviser for regional development covering Northern Luzon, said yesterday.
"The government has given assurance to creditor banks of the Manila North Tollways Corp. (MNTC) that in the event that MNTC defaults on its loans, the creditor banks have the right to nominate who will operate the tollway," Diaz said.
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abtest
February 20, 2002 - 12:00am
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