PSALM will turn over property in Sucat to DOTr
The Power Sector Assets and Liabilities Management Corp. (PSALM) will soon turn over to the Department of Transportation (DOTr) the 11-hectare Sucat property following the latter’s initial payment. According to PSALM, the DoTr recently paid P5.176 billion representing the first tranche of the P5.192-billion purchase price for the Sucat properties.…