THE past weeks saw print of several articles on the planned rebidding of the CALAX project. No less than PNoy realized that “a re-bid would be the proper course of action on this particular issue.” He told members of the Foreign Correspondents’ Association of the Philippines that to “accept the winning bid at this time, when there is an allegation that there was a much superior bid, then we will have to explain to the people the P9-billion difference that we forego.”

After PNoy’s announcement, the Makati Business Club, assisted by the Management Association of the Philippines, obviously in support of the Ayala consortium, came out with a statement that having the project rebidded would send the wrong signals to future investors. Soon after, the Philippine Chamber of Commerce and Industry came out with their own thru its President Alfred Yao. So far, it seems like a re-bid would proceed only on that date that is yet to be set for the rebid. But what is the wisdom behind the President’s decision? It seems like it all boils down to where our people can benefit the most.

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