We are driven by one belief. The excellence that we brought to our expressways in the Philippines will now be exported to the ASEAN.
MPTC, through Metro Pacific Tollways Asia (MPT Asia), has a significant stake in two major infrastructure companies in the Pan-ASEAN region: a 76.31% share in PT Nusantara Infrastructure in Indonesia and a 51% share in CII Bridges & Roads of Vietnam. Through these recent entries into the Pan-ASEAN region, MPTC has made available its highly developed experience and expertise in building toll road infrastructure, managing tollways operations, and effectively dealing with the regulatory environment. This expertise and experience are made available to MPTC’s partners outside the Philippine shores. MPTC also brings with it global standards in systems and its well-trained and dedicated executive talent to be harnessed by tollway facilities abroad.
MPTC plans to grow the portfolio of MPT Asia by continually acquiring significant stakes in existing toll roads in Indonesia, Vietnam, and hopefully soon, Malaysia. In addition, MPT Asia is looking to participate in new greenfield toll road assets by assisting its subsidiary and affiliates in developing new toll road projects as well as to participate in the bidding by government of public-private toll road projects.
MPT Indonesia, through PT Margautama Nusantara (MUN), completes the acquisition of stake in Japex elevated toll road.
MPT Indonesia, through PT Margautama Nusantara (MUN), has officially completed the purchase of 40% of the shares of PT Jasamarga Jalanlayang Cikampek (PT JJC), the concessionaire of Sheikh Mohamed Bin Zayed Flyover (MBZ Flyover), for a total consideration of up to IDR 4,389 Billion or ~Php 16.2 Billion.
The 38-kilometer MBZ Flyover, previously known as the Jakarta-Cikampek Elevated Toll Road or Japex before it was renamed in 2019, is currently Indonesia’s longest flyover. MBZ Flyover is crucial in relieving traffic congestion in the Greater Jakarta Area towards Java. The acquisition is aligned with MPTC’s support for the region’s development and connectivity via strategic toll road investments in high-growth urban areas.
MUN is the toll road subsidiary of Jakarta’s utilities company Nusantara Infrastructure where MPT Indonesia has 76.3% shares of stock. MUN’s subsidiary PT JJC holds the concession of Japex.
HANOI HIGHWAY EXPANSION PHASE 2
Total investment: VND 4.905,8 billion
Investment form: BOT
CII B&R ownership: 51%
The route’s total length is 15.7km starting from Saigon Bridge to Tan Van Intersection (Dong Nai province). The project entails upgrade works to expand the main road from 24m to 34m, from 41m to 48m, and construction of 02 new parallel roads at 2 sides, 12m width each, build new drainage, lighting, trees and sidewalks on both sides of the road and other items such as lighting systems, trees on the median strip and maintain bridges.
Construction began in April 2010. Up to now, the project has completed the entire 11.5km-long of main road axis, from Saigon Bridge to National University intersection. The 2 parallel roads and main road from National University intersection to Tan Van intersection are under construction. Along with the Saigon bridge, this project has contributed to smooth traffic flow at HCMC’s Northeast gateway. The project creates a wide, beautiful route, with median strips and greenery along the line. Contributing to the decision to create favorable conditions for businesses and people to pass through the eastern gateway of Ho Chi Minh City; make a great contribution to the socio-economic development of Ho Chi Minh City.
Toll collection period: from 1 April 2021 to 30 September 2034.
RACH MIEU BRIDGE TO CO CHIEN BRIDGE (BEN TRE PROVINCE)
Total investment: VND 1,245 billion (unaudited)
Investment form: BOT
CII B&R’s ownership: 51%
Investment details: Total length of the 4 sections under development: 22.38km.
- Section 1: expand no. 60 highway, the section from Tan Thach – An Khanh Intersection to Intersection No. 4. Section length: 4.46km.
- Section 2: upgrade and expand no. 60 highway, the section from end of Ham Luong street to the beginning of Mo Cay town bypass. Section length: 3.74km.
- Section 3: Mo Cay town bypass. Section length: 5.80km.
- Section 4: The street that leads to Co Chien bridge. Section length: 8.38km.
- Construction: completed on 15 January 2020
- Toll collection: from 6 July 2021 (after completion the toll collection of Rach Mieu Bridge 1) to 31 October 2027.
The investment project to build Rach Mieu bridge – National Highway 60 connecting Tien Giang and Ben Tre provinces in the form of BOT contract is divided into 2 phases using same toll plaza for toll collection, including Phase 1, construction of Rach Mieu bridge (“RM1”), toll collection since from 2 April 2009 to 5 July 2021. Phase 2, Investment project to upgrade, expand and build 4 sections on National Highway 60 (“RM2”), connecting Rach Mieu bridge to Co Chien bridge, was completed and put into use on 15 January 2020 but the toll collection has been started from 6 July 2021 after ending the toll collection of RM1.
The completion of Rach Mieu 2 helps the circulation between Ben Tre and Tra Vinh province more convinient. At the same time, opening up trade opportunities with Soc Trang province by Dai Ngai bridge, which is expected to start construction in the period of 2021 – 2025. From there, improving the transport capacity for the whole Mekong Delta region, creating a Traffic connection is smooth, convenient and shortens travel time, reduces transportation costs for goods, expands trade for coastal belt provinces such as Tra Vinh, Soc Trang connecting with Ho Chi Minh City. In addition, the project also helps the province to implement two component projects: the bypass of Mo Cay town and the road leading to Co Chien bridge, in order to complete the provincial transport system.
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