PCC approves joint venture for 265-hectare project

THE Philippine Competition Commission (PCC) has approved the joint venture between Pasay Harbor City Corp. (Pasay Harbor City) and the city government of Pasay for the rise of a 265-hectare reclamation project.

In a statement on Monday, PCC said the transaction marked the first merger review involving local government units (LGUs) as a party to the joint venture.