SAN Miguel Corp. (SMC) has abandoned plans to build the Pasig River Expressway (Parex), given strong opposition to the project by environmental and conservation groups.

"You know, I am a businessman who, if I see that our countrymen do not want the project, I will not pursue [it]," San Miguel President and CEO Ramon Ang said in Filipino on Monday.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details