DPWH ready to pay Uneco P11M for land acquisition | Lorenz S. Marasigan

  • 📰 BusinessMirror
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 59%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The Department of Public Works and Highways (DPWH) is willing to deposit the payment for a 450-meter land in Cavite to finish the Silang (Aguinaldo) Interchange of the P35.7-billion Cavite-Laguna Expressway (Calax). Know more:

The Department of Public Works and Highways is willing to deposit the payment for a 450-meter land in Cavite to finish the Silang Interchange of the P35.7-billion Cavite-Laguna Expressway .

Under the Office of the Court Administrator Circular 113-2019, the Regional Trial Court should immediately issue a writ of possession within 7 working days upon the deposit to the court of the amount equivalent to the sum of 100 percent of the value of the land based on the current relevant zonal valuation of the Bureau of Internal Revenue issued not more than 3 years prior to the filing of the expropriation complaint.

Currently, the Silang Interchange is at 64.8 percent completion rate. One critical portion of the expressway lacks a parcel of land roughly 450 meters long which prevents the company from opening another section of the Calax.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 19. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines