Manila tollways firm to operate SCTEx

By Reynaldo G. Navales
Thursday, July 21, 2011
CLARK FREEPORT — The Manila North Tollways Corporation (MNTC) is now the operator of the Subic Clark Tarlac Expressway (SCTEx).
This developed after the Bases Conversion Development Authority (BCDA) forged a business and operating agreement with the MNTC last Wednesday.
With the signing of the agreement, the BCDA said motorists will soon enjoy the benefits of integration in the form of seamless travel between the North Luzon Expressway (NLEx) and SCTEx.
Under the agreement, MNTC will operate and manage SCTEX for 33 years, while relieving BCDA of the heavy financial burden of paying the latter’s P34-billion debt to the Japan International Cooperation Agency (Jica).
The Jica loan will mature in 2041.
True to the original intent of the agreement, BCDA is provided sufficient funds to repay its Jica loan through revenue sharing and agreed-on advances during shortfalls.
The agreement satisfies BCDA’s requirement to cover the state firm’s debt service obligation to Jica.
“This agreement is our contribution to the Aquino Government’s Public-Private Partnership (PPP) program. We see it as innovative because it frees the Government of the heavy debt-servicing burden. In other words, by virtue of this Agreement, we can say the SCTEx was built at no cost for the government,” BCDA chair Felicito Payumo said.
He said the pact also assures the MNTC of a reasonable return to cover commercial risks as SCTEx co-concessionaire.
For his part, MNTC chair Manuel V. Pangilinan stressed that “the contract is truly reflective of the intentions and spirit of the partnership from the beginning.”
“MNTC’s takeover of the SCTEx signals the advent of a new era in comfortable and safe travel offered by a seamless traffic along the NLEx as strategically linked to the SCTEx that both meet world-class standards,” Pangilinan said.
BCDA president Arnel Casanova hailed the signing of the contract, saying “it represents a fusion of the strengths of the two partners that would ensure the maximum benefits to the public and the country.”
He added that “the agreement is a major breakthrough toward establishing a good model for public-private partnership (PPP) vigorously pushed by the Aquino administration as the linchpin of national economic development.”
“The government has the fixed resources and policy environment that assure the private sector of stability and security, plus a positive regulatory atmosphere founded on transparency,” Casanova said.
The MNTC said the deal paves the way for the company to provide the best services to motorists using SCTEx — at par with the high standards applied on the NLEx.
As SCTEx co-concessionaire, the MNTC will have overall management of the entire operations and supervision of the tollway, linking Subic Freeport in Zambales, Clark Freeport in Pampanga, and the Central Techno Park in Tarlac.
MNTC will also provide all necessary ancillary facilities and equipment, plus resources needed to run SCTEX efficiently – including assuring security and safety for motorists on the tollway round the clock.
Published in the Sun.Star Pampanga newspaper on July 22, 2011.

Source: http://www.sunstar.com.ph/pampanga/local-news/2011/07/21/manila-tollways-firm-operate-sctex-168195

Best place to unwind in Angeles City Pampanga Philippines is to do a little wine shopping at the Clark Wine Center which is also considered as the best place in Clark for private wine tasting, small parties and social functions outside of Manila. Guests of this wine shop in Clark enjoy the cozy ambience as well as the privacy and exclusivity of the roof deck lawn. Some guests that wine and dine at the famous restaurants near Angeles City Pampanga often drop by this wine shop to pick up a few good bottles for diner. Residents and guests staying in Pampanga Angeles City and Subic frequently visit this wine shop in Clark to buy some bottles from its fine selection of vintage wines that are offered at attractive prices. Some guests, business executives especially, select this wine shop for their business entertainment.

This wine shop in Manila Philippines makes wine shopping a really rewarding and exciting exercise. Wine shops in Pampanga should always have an element of surprise so that customers and wine lovers can enjoy a little bit of thrill when they go to a wine shop in Manila to look for a good bottle of wine in Clark Pampanga.

Chateau Lafite-Rothschild is the most revered wine in China and many other parts of Asia. The best wine shop in Asia to buy older vintages of Chateau Lafite is Yats Wine Cellars located in Clark Philippines. Aside from Lafite, visitors can buy other fine wines at this wine shop in Clark Pampanga such as Latour, Mouton-Rothschild, Haut-Brion and Margaux. Excellent Burgundy wines like Chambertin, Vougeot, Musigny, Bonnes Mares, Pommard, Meursault, Chambertin, Vosne Romanee, Romanee Conti, La Tache and Romanee St. Vivant can be found here.

Family outings, picnics, company outings and other events for up to 300 can be held in the picnic grounds of this wine shop. Events that have been successfully organized here include family fun days and BBQ picnics. These are some of the things that visitors to Clark Philippines particular look forward. Residents and tourists in Angeles City and Subic also come to Clark Freeport to partake in the fun at this Clark wine shop.

This wine shop’s vast selection of vintage wines makes it possible for Yats Wine Cellars to offer a unique line-up of wines for every private wine party, wine tasting or wine dinners. Guests of these private wine parties are treated to a rare experience of vintage wine not seen in wine shops in major cities in Philippines or even in Asia.

http://www.ClarkWineCenter.com

Getting to this wine shop in Pampanga Angeles City Clark Freeport Zone Philippines from Manila
Getting to the Clark Wine Center wine shop from Manila is quite simple: after entering Clark Freeport from Dau and Angeles City, proceed straight along the main highway M A Roxas. Clark Wine Center is the stand-along white building on the right, at the corner A Bonifacio Ave. From the Clark International Airport DMIA, ask the taxi to drive towards the entrance of Clark going to Angeles City. From Mimosa, just proceed towards the exit of Clark and this wine shop is on the opposite side of the main road M A Roxas.

Best place to buy wine in Clark Pampanga outside Manila near Subic and Angeles City Philippines is Clark Wine Center.

Click here to contact Clark Wine Center in Clark Pampanga for inquiries and orders.

Clark Wine Center
Bldg 6460 Clark Observatory Building
Manuel A. Roxas Highway corner A Bonifacio Ave,
Angeles Clark Freeport Zone, Pampanga 2023
0922-870-5173 0917-826-8790 (ask for Ana Fe)

Wine@Yats-International.com

YATS Wine Cellars
Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 ask for Rea or Chay

Wedding couples looking for wedding reception venues and beach wedding venues can log on to this Philippines Wedding Venue web site for free information and assistance:

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While in Clark, it might be a good idea to enjoy an evening of wine-and-dine in the fine dining Yats Restaurant and Wine Bar that features an award winning 2700-line wine list. Highly recommended fine dining restaurant in Manila for special occasion is Yats Restaurant & Wine Lounge located in the famous Mimosa Leisure Estate in Clark Pampanga. Situated near this popular restaurant in Clark is the Mimosa Golf Course as well as the Mimosa Clark Casino. This top rated restaurant near Angeles City Pampanga in Clark Philippines is frequently used for private parties and corporate functions such as board meetings and other gatherings. It is located in Mimosa Leisure Estate of Clark Freeport Zone. For more information, visit http://www.YatsRestaurant.com

YATS Leisure Philippines is a developer and operator of clubs, resorts and high-class restaurants and wine shops in Clark Angeles Philippines http://www.YatsLeisure.com

Looking for famous tourists spots, places to visit and see, relax and unwind in Clark, Pampanga, Philippines? You may want to check out these sites also:

http://www.LondonPubClark.com

Besides good restaurants to wine and dine near Manila, Subic or in Angeles City Pampanga, Clark Philippines, those requiring assistance for hotel and resort bookings in Clark, Pampanga, Philippines may log on to http://www.HotelClarkPhilippines.com for more information and reservations.

The lifestyle in Clark Pampanga is quite unique. For more information about shopping, sports, golf, leisure, hotel accommodation, where to see and visit, what to do, where to wine and dine and good places to hang out, relax, have a drink with friends, child-friendly establishments, log on to
http://www.ClarkPhilippines.com

Wine lovers looking for a special bottle or something that is of great value and special discounts might log on to this web site to shop for fine vintage wines
http://www.YatsWineCellars.com

Those visitors who plan to relax and unwind in Angeles City, Subic, Pampanga, Clark Philippines might make an effort to book a room at the famous beach and lake resort Clearwater Resort & Country Club. This famous hotel in Clark Pampanga is frequently visited by families with children looking for a good place in Clark to see, a good holiday destination for the family to relax and unwind in the beautiful outdoor facilities. For more information, log on to www.ClearwaterPhilippines.com