MPT South to extend Cavitex with P23.2-billion investment

AFTER investing roughly P700 million to enhance the capacity and decongest the Manila-Cavite Toll Expressway (Cavitex), Metro Pacific Tollways South Corp. (MPT South) plans to further extend the thoroughfare through a P23.2-billion investment to serve more motorists in the Southern Tagalog region.

Cavitex Infrastructure Corp. (CIC) President Luigi L. Bautista said his group plans to execute another portion of its concession agreement, which calls for the extension of the expressway to Rosario, and the linking of the thoroughfare to the future Cavite-Laguna Expressway (Calax).

“There are two segments we want to do: Segment 4, which will connect Cavitex to Calax; and Segment 5, which will extend Kawit to Rosario and has the potential to be extended to Tanza and Naic,” he said in an interview.

Currently, the company is finalizing the business proposal by the end of this month. It will be submitted to the Toll Regulatory Board (TRB) thereafter.


“Segment 5 is about P22 billion, which is only the portion that will extend up to Rosario. Segment 4 is about P1.2 billion,” he said.

This development comes as the company nears the completion of a P700-million investment on the enhancement of the Cavitex. It will come in two phases.

The first phase, which is about P400 million, entails the widening of the road from Miaa to Zapote, as well as the Southbound Flyover on the intersection of Pacific Avenue

The second phase, worth about P300 million, consists of the bridge widening at the Wawa, Las Piñas, area.

“These enhancement projects started late last year and were slated to finish by August 2018, but we will complete them within July 2018. On top of that, we are also adding 15 toll booths—three on the northbound direction, two on the southbound direction, and five portable booths on each on the north and south sides of the Paranaque toll plaza. This will effectively double our throughput capacity,” Bautista added.

Roughly 140,000 vehicles use the Cavitex daily.

CIC is a subsidiary of MPT South, one of the three tollways holding companies of Metro Pacific Investments Corp., the largest expressway operator in the Philippines.



MPT South to construct Cavite portion of Calax when it gets ROW

METRO Pacific Tollways South Corp. (MPT South) may start constructing the Cavite portion of the Cavite-Laguna Expressway (Calax) as soon as it receives a “substantial” portion of right-of-way (ROW), a company official said.

Luigi L. Bautista, the company’s president, said his group hopes to receive about 40 percent of the Cavite easement before it can start the construction of the expressway.

“We have yet to receive substantial right-of-way to allow us to start. We hope to get about 10 kilometers [km] to 11 kilometers of the 28 kilometers to start,” he said in an interview.

The company tapped Leighton Asia to build the Cavite side of the expressway, which involves the construction of a 28-km, four-lane expressway.

Construction of the segment was initially seen to start this quarter.

For the Laguna side, the company has started building the seven bridges and the embankment walls for the main carriage way.

DM Consunji Inc. was tapped for the 18-km segment.

The P34.5-billion facility will start from Cavite Expressway in Kawit, Cavite, and end at the South Luzon Expressway-Mamplasan Interchange in Biñan, Laguna.

The project will involve building a four-lane expressway from these two points through congested residential and industrial areas in Kawit, Imus, General Trias, Dasmariñas and Silang in Cavite, through to Santa Rosa and Biñan in Laguna.

The project will have eight interchanges and one main toll barrier.

Construction is expected to be completed by 2020, while operations and maintenance would be from 2020 to 2050.



MPT South expects govt to give original proponent status on CTBEx proposal

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 (DPWH) in relation to its unsolicited proposal.

“We hope to get the original proponent status by next month,” he said in an interview late Monday, April 30. “As far as we are concerned, we have completed the required information so it’s really up to the DPWH to review and issue the original proponent status to us.”

Being granted an original proponent status will give the proponent a competitive advantage to its would-be competitors during the competitive challenge for the project.

Under the implementing rules and regulations of the build-operate-transfer law, the government must place unsolicited proposals to a Swiss challenge, which, in a nutshell, is a legal process of inviting other groups to bid for an unsolicited deal.

The original proponent then has the right to submit a counteroffer.

Earlier, DPWH Undersecretary Maria Catalina E. Cabral said the agency aims to officially subject the CTBEx proposal to a Swiss challenge as early as the first half of 2018.

But given the movement of the proposal, it may seem that the timeline for the Swiss challenge will have to be pushed back a little further.

After receiving the original proponent status, the company and the implementing agency will then enter into an exclusive negotiations process to further polish the offer to be more beneficial to the state and the public.

The offer will then be subject to the approval of several bodies under the National Economic and Development Authority (Neda), including the Neda Board, which is chaired by President Duterte.

Once it gets the green light from the Neda Board, the project will then undergo the Swiss challenge.

CTBEx, a proposed 49-kilometer (km)expressway, will connect Cavite and Batangas, with a spur road to Tagaytay City and ultimately terminating in Nasugbu, with another spur road to Tuy, Batangas.

Bautista said the project will greatly improve access to Tagaytay City and Nasugbu, thereby ensuring faster travel and support for the government’s tourism thrust. Once completed, travel time will be reduced to less than an hour from the current 2.5 hours, he added.

The whole expressway will take about three years to complete, but the company can open the first section in one and a half years.

The government aims to award the contract by mid-2018.

CTBEx will start at the Silang East Interchange of the Cavite-Laguna Expressway. The alignment shall traverse the towns of Silang, Amadeo, Mendez and Alfonso in Cavite; Tagaytay City; and Nasugbu in Batangas.

Expected to handle an initial 60,000 vehicles per day, the proposed expressway will have eight major interchanges, two spur roads and a number of overpasses.

It is divided into three phases: Section 1, a 17.4-km road from Silang, Cavite to Tagaytay; Section 2, a 9.86-km road from Tagaytay to Alfonso; and Section 3, a 22.2-km road from Alfonso to Nasugbu.

Should the project be awarded by mid-2018, the proponent can start the construction of the infrastructure by the third quarter of 2019. The whole expressway is expected to be opened by mid-2022, the last year of President Duterte’s term.

Metro Pacific Investments Corp., an infrastructure-holdings conglomerate in the Philippines, is no stranger to unsolicited proposals for toll projects.

After waiting six long years, it bagged last year the multibillion-peso connector road, an 8-km road that will link the North and South Luzon Expressway. It also has existing proposals for the development of thoroughfares in Metro Manila.

Metro Pacific is the largest tollways operator in the Philippines. It also has interests in expressways in Thailand and Vietnam.



MPT South sets aside P10-B capex for 2018

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 the C5 South Link of the Manila-Cavite Toll Expressway (Cavitex).

“For south, the capital expenditures is about P10 billion—mostly for Calax and [the] C5 South Link,” Lizo said. The construction of the four-lane 47-kilometer-long Calax will connect Cavitex in Kawit, Cavite, to the South Luzon Expressway (Slex)-Mamplasan Interchange and will cost an estimated P35.42 billion ($787 million).

“It will open end-2020 or early of 2021, but we may open certain sections ahead,” Lizo said.

The C5 South Link is a P11.7-billion project that aims to connect R-1 in Parañaque to C5 in Cavitex. It will run parallel to the runway of the main airport in Pasay and will cross the Slex and Skyway toward C5.

“It will open in phases: one in 2019 and the whole alignment by 2020,” Lizo added.

The Slex is being operated by San Miguel Corp. and Indonesia-based Citra group, while the Northern Luzon Expressway is being operated by the Manila North Tollways Corp.

Lizo said the capital requirement for the C5 South Link will be financed through a mix of debt and equity.

“We are in talks with local banks for the debt portion,” he said.

The MPTSC aims to double its revenues in the next three years.