Citra Lamtoro wins in Manila

Citra Lamtoro wins in Manila

MANILA (Dow Jones): The Philippine appeals court has rejected
a plea from a local civic group seeking to stop an elevated road
project of Citra Metro Manila Tollways Corp., the local unit of
Indonesia's PT Citra Lamtoro Gung Persada.

In its decision released Thursday, the appellate court ruled
that the civic group failed to show its rights would be violated
if the road project was allowed to proceed.

The civic group is protesting Citra Manila's construction of a
ramp along a major thoroughfare on the fringe of Makati's
financial district.

Citra Manila is developing a 23.7-kilometer elevated tollway
spanning the northern and southern edges of metropolitan Manila.
Part of the roadway, called Manila Skyway, is now operational.

Citra Lamtoro is a unit of Indonesian tollway operator PT
Citra Marga Nusaphala, which is controlled by former president
Soeharto's daughter, Siti Hardiyanti Rukmana.