Malaysian envoy to vouch for consortium’s integrity

CLARK FREEPORT -- Malaysian ambassador to the Philippines “Dato” Seri Dr. Ibrahim Saad will grace Bristeel Overseas Ventures, Inc.’s “Investor’s Presentation-Manifestation for the Diosdado Macapagal International Airport Terminal 2”.

According to a Bristeel official, who preferred not to be named, the envoy is expected to deliver a testimonial message expressing Malaysia’s support to the consortium which earlier professed its intention for a joint venture agreement with the Philippine Government in developing the currently shelved Terminal 2 project.

“The Malaysian ambassador will not only profess his government’s support to the joint venture agreement but will certainly vouch for the consortium’s integrity and capabilities in constructing and fast tracking the project,” the Bristeel official told Sun.Star Pampanga.

The official added that the presence and attendance of the ambassador in Friday’s forum will quell down speculations of the consortium’s integrity and work capabilities, including its financial capacity to develop the shelved project in about two years time.

“It is also a response to the call of President Benigno Aquino III for a strong public-private sector partnership,” the official said.

Bristeel Overseas Ventures is a partnership of globally-acclaimed Construction of Infrastructure Concessions (IJM, Temokin and MRCB), Properties and Township Developments (Bristeel, IJM and MRCB), Construction and Operation of International Airports (IJM, MRCB and MAHB), and Land Transportation Hubs.

The Malaysian consortium will invest some US$150 million for the project, which is expected to generate additional jobs and create livelihood opportunities for communities within the Clark area.(Jovi T. De Leon)

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