CEBU, Philippines — Construction of the Cebu-Cordova toll bridge is underway in July as right-of-way (ROW) acquisition is almost complete, an official said. Cebu-Cordova Link Expressway Corp (CCLEC) president and general manager Allan Alfon said ROW progress is now at 91 percent, an information also disclosed by its parent firm Metro Pacific Investments Corp (MPIC) […]
METRO Pacific Tollways South Corp. (MPT South) hopes to receive this month the original proponent status for the P22.43-billion Cavite-Tagaytay-Batangas Expressway (CTBEx), an unsolicited proposal it submitted to the government in July last year. Luigi L. Bautista, the company’s president, said his group submitted all documents required by the Department of Public Works and Highways […]
The tollways unit of Metro Pacific Investment Corp. (MPIC) has joined the bidding for a toll road project in Kuala Lumpur, Malaysia as part of its strategy to expand regional presence. Manuel Pangilinan, MPIC chairman, told reporters results of the bidding are expected in the next two months. MPIC through its tollways unit Metro Pacific […]
By Louella Desiderio (The Philippine Star), as seen on https://www.philstar.com/business/2018/04/23/1808417/mpic-submits-bid-malaysia-project, April 23, 2018 – 12:00am MANILA, Philippines — Infrastructure conglomerate Metro Pacific Investments Corp. (MPIC) has made an offer for a tollway project in Malaysia. “I know we’ve submitted a bid, an offer for one of their tollways,” MPIC chairman Manuel V. Pangilinan told reporters. […]
By Manila Bulletin, as seen on https://business.mb.com.ph/2018/02/16/metro-pacific-tollways-introduces-latest-tech-to-speed-traffic/, February 16, 2018, 10:00 PM Metro Pacific Tollways Corporation (MPTC), the tollways arm of Metro Pacific Investments Corporation (MPIC), announced the introduction of the latest Radio Frequency Identification (RFID) technology to ease travel through major tollroads managed by MPTC in Northern and Southern Luzon. EasyDrive (powered by EasyTrip) […]
This year, the North Luzon Expressway (NLEX) Corporation is setting aside P19 billion in capital expenditure to help solve Metro Manila’s daily traffic bottlenecks. However, the tollways firm clarified that the capex figure will still be subject to review and adjustment, depending on the result of its ongoing tariff adjustment discussion with the government, according […]
EXPRESSWAY operator Metro Pacific Tollways South Corp. (MPTSC) announced it has allotted P10 billion (about $200.9 million at current exchange rates) in capital outlays for two major expressway projects this year. Metro Pacific Tollways Corp. CFO Christopher C. Lizo said the firm programmed the amount to finance the construction of the Cavite-Laguna Expressway (Calax) and […]
CLOSE to 1,000 workers will be hired to build the Cebu-Cordova Link Expressway (CCLEX). Majority of the workers will be sourced from Cebu, especially those from the town of Cordova and Cebu City, as well as in the neighboring provinces in the Visayas, said Cebu Link Joint Venture (CLJV) authorized representative Ruben Camba. “We are […]