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Investegate announcements from Meggitt PLC, Update and Unsolicited Proposal from TransDigm

Published July 23, 2021, 8:18 AM The P68.2-billion Metro Rail Transit Line 7 (MRT-7) is 60.93 percent complete and will partially operate in April 2022, over two decades after the project’s unsolicited proposal was submitted. The 22-kilometer railway running from North Avenue in Quezon City to San Jose Del Monte in Bulacan will be fully operational in the fourth quarter of 2022, the Department of Transportation (DOTr) yesterday (July 22) announced. Earlier, the DOTr projected MRT-7 will be partially operational by December 2021 and fully operational in December 2022 but has now set back the...

Abstract This article identifies the evolution of, and critiques, unsolicited urbanism—a project of city-shaping favouring powerful market actors but inconsistent with the neoliberal tenet of competition. Marked by predetermined outcomes, unsolicited urbanism legitimates secretive monopolies over specific sites and the normalization of planning-as-deal-making. Such features are not uncommon globally, as circuits of capital seek rent opportunities latent in urban land, and as market actors increasingly exercise power over development decision-making. But following casino-led mega-development...