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.