Guv: SM suit may
delay Ayala dev’t
BY CARLA GOMEZ
Negros Occidental Gov. Alfredo Marañon Jr. and Vice Governor Eugenio Jose Lacson yesterday aired concern over the new suit filed by SM Prime Holdings Inc. (SMPHI) that could again delay the development by AyalaLand Inc. (ALI) of the 7.7-hectare property of the Capitol in Bacolod City that it plans to lease and buy.
“I am hoping and praying that the court will decide on the case swiftly,” Marañon said, noting that if the ALI development does not start it will delay expected provincial government revenues for the delivery of needed services to indigent residents of Negros Occidental.
“It only means that the project will be delayed further, I am not sure Ayala will continue with a case like this,” Lacson said.