Cavitex defers implementation of higher toll rates to May 22

Higher toll rates at the CAVITEX R-1 segment will now take effect on May 22, more than a week later from its supposed implementation, according to Cavitex Infrastructure Corp. (CIC). CIC, a subsidiary of Metro Pacific Tollways Corp., and its its joint venture partner Philippine Reclamation Authority (PRA) have deferred the toll increase in Paranaque Toll […]

After 4 years, Metro Pacific’s Cebu-Cordova bridge to open on April 27

President Duterte will lead the opening of a P30 billion bridge that links the main Cebu island with Mactan. Built by Metro Pacific Tollways Corp., the Cebu Cordova Link Expressway (CCLEX) will finally open on Wednesday (April 27) after four years of work since the project was conceptualized. One of the biggest infrastructure projects in […]

Check out Cebu’s first toll expressway

The country’s longest crossing linking Cebu City to the town of Cordova is nearing completion, a major engineering milestone four years in the making. A project of Metro Pacific Tollways Corp., the 8.9 kilometer Cebu-Cordova Link Expressway (CCLEX) was designed and constructed to withstand earthquakes, typhoons or tsunamis. CCLEX will provide a new connection between […]

Pangilinan-led MPIC starts construction of P2.7B tollroad in Indonesia

Metro Pacific Tollways Corp., a subsidiary of infrastructure conglomerate Metro Pacific Investments Corp., broke ground on the construction of the Makassar New Port (MNP) access toll road. The 3.2 kilometer project, estimated to cost $53 million or roughly P2.7 billion, will connect the Makassar Port to Makassar City through other toll road projects of MPTC […]

Metro Pacific to complete 3 large-scale infra projects this year

A unit of Metro Pacific Tollways Corp. expects 2022 to be another busy and productive year with three big-ticket projects slated to be completed. NLEX Corp. president and general manager J. Luigi Bautista said continuous improvement would always be the group’s priority. “As the company ends 2021 with a positive note, we welcome 2022 with […]

MVP eyes green financing to make CALAX a sustainable highway

A unit of Metro Pacific Investments Corp. plans to tap into sustainable financing instruments to refinance debt and develop green infrastructure. Metro Pacific Tollways Corp. (MPTC) aims to transform the Cavite-Laguna Expressway (Calax) into a “green highway.” “When we are ready, we will consider looking at green financing to refinance our existing loans,” said Christopher […]

MVP eyeing fourth bridge in Cebu

Bilyonaryo Manny V. Pangilinan is looking at the possibility of building another bridge in Cebu with the soon-to-be completed Cebu-Cordova Link Expressway. “Possibly looking at a fourth bridge up north whatever we can do for Cebu. Plans for the Fourth Cebu-Mactan bridge are being studied by the cities of Lapu-Lapu and Mandaue. The country’s longest […]