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BRIEF-Ayala Corp says unit and SM Investments submitted proposal for elevated toll road project
March 31, 2017 / 4:02 AM / 7 months ago

BRIEF-Ayala Corp says unit and SM Investments submitted proposal for elevated toll road project

March 31 (Reuters) - Ayala Corporation:

* AC Infrastructure Holdings, unit of co, and SM Investments submitted unsolicited proposal to the Department of Public Works and Highways

* Estimated project cost is 25 billion pesos

* Proposal to design, finance, construct, operate and maintain an elevated toll road for period of 35 years Source text for Eikon: Further company coverage:

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