Conglomerate San Miguel Corp. is keen on scaling up its stake in Caticlan — the gateway to Boracay Island — by building a game-changing 1.9-kilometer toll bridge that will connect the world-famous beach community to the mainland.
“SMC president Ramon S. Ang said that the infrastructure project, which would be up to the local government unit to award to a private sector partner, was estimated to cost US$100 million (about PHP4.6 billion at current exchange rates.”
Ang explained, “We proposed the idea for them to bid out. For us, it’s okay if there are other bidders.”
If the bridge project pushes through, it’s envisioned as a means for the decongestion of Boracay. As the report indicated: “At present, tourists and cargo can only move in and out of Boracay using boats from the jetty port of Caticlan. In recent years that tourism has boomed on the island, garbage disposal has been difficult as well.”
With the bridge, Boracay would be decongested because it would be possible for tourists to find cheaper accommodations in Caticlan, Ang said, adding that to date, a backpacking tourist could get lodging in Caticlan for only P1,000 a night.
“We think what’s best is if everybody will stay and eat in Caticlan, go to Boracay to enjoy the beach,” Ang suggested.
What can you say about this? Is this a good thing or a bad thing?