Hi-Tone Construction and Development Corporation, a firm co-founded by resigned Ako Bicol representative Zaldy Co’s brother Christopher, was the third top contractor of farm-to-market roads in 2024.
Full story: https://www.rappler.com/philippines/philippines-zaldy-co-firm-hi-tone-top-farm-market-road-contractor-2024/
00:00Hightone Construction and Development Corporation, a firm co-founded by resigned Ako Bicol Representative Zaldico's brother Christopher, was the third top contractor of farm-to-market roads in 2024.
00:11Senator Sherwin Gatchalian says Hightone bagged farm-to-market road contracts amounting to nearly 222 million pesos in 2024, citing recent data his office obtained from the Public Works and Highways Department.
00:22He suggests possible collusion, citing Hightone's unusually high number of awarded contracts and the Bicol region's 80 farm-to-market road projects in 2024, the most among all regions.
00:33Gatchalian adds the projects cost at least 30,000 pesos per meter.
00:37Tingin ko hindi naman coincidental na ang pinakamalaking nakakakuha ng FMR is Region 5, tapos pangatlong pinakamaraming nakuhang kontrata is connected kay Zaldico.
00:50He also cites extremely overpriced farm-to-market roads, costing up to over 348,000 pesos per meter.
00:57For reference, Agriculture Secretary Francisco T. Laurel Jr. says the DPWH's standard cost for farm-to-market roads is an estimated 15 million pesos per kilometer or 15,000 pesos per meter.
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