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Navotas training center to house frontliners

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Navotas City has provided accommodation to the city’s health workers. The city has repurposed the NAVOTAAS Institute Annex II in Brgy. Daanghari as temporary shelter for doctors, nurses and staff of the Navotas City Hospital who are livin...

Quezon City Mayor Joy Belmonte

Belmonte asks commercial establishments to help SMEs

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Quezon City Mayor Joy Belmonte asked owners of commercial establishments to extend assistance to small and medium enterprises (SMEs) renting spaces in their properties amid the coronavirus disease 2019 (COVID-19) pandemic hounding the count...

Bagong Silang in Caloocan placed under extreme quarantine

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Caloocan City will place about 246,000 residents of Barangay Bagong Silang, the country’s most populous barangay, under extreme enhanced community quarantine (EECQ) on March 29, after the city government recorded three confirmed cases of corona...

Pasay News

Pasay Reclamation

PCC approves Pasay reclamation joint venture

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The Philippine Competition Commission (PCC), the anti-trust body, has approved the joint venture between the Pasay City government and the Pasay Harbor City Corp. led by businessman Dennis Uy for the P265-hectare reclamation project.

The city government granted rights to reclaim the municipal waters of Pasay in Manila Bay while Pasay Harbor City Corp. will finance all raw land expenses in the 265-hectare reclamation project.

Pasay Harbor City is a partnership composed of Udenna Development Corp. (UDEVCO), Ulticon Builders, Inc. and China Harbour Engineering Company.

"PCC’s merger review found that the transaction is not likely to lead to substantial lessening of competition in the relevant market," the PCC said in a decision dated September 26.

The PCC said this deal was its first merger review where a local government unit is involved as a party to a joint venture.

Pasay Harbor City submitted an unsolicited proposal to develop part of Manila Bay within Pasay City's domain.

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6 months ago
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