Monday, September 9, 2019

Metro Pacific offers to extend Cavitex to Tanza

Cavitex Infrastructure Corp., a unit of Metro Pacific Tollways Corp., is set to submit this month a proposal to the Toll Regulatory Board to extend the Manila-Cavite Expressway from Kawit to Tanza in Cavite province for P30 billion.

“We hope to get a resolution from Philippine Reclamation Authority (PRA) and then after that we will jointly submit together with PRA to TRB within September,” said CIC president and general manager Robeto Bontia.

He said PRA would hold a special board meeting on September 11.

The company plans construct Segment 5 of Cavitex―a 22-kilometer road that will link Kawit to Noveleta to Sanglely and Sangley to Tanza in Cavite.

It plans to start construction of the first phase of the project, an expressway going to Sangley, by early 2021.

Cavitex is a 14-kilometer expressway linking Manila and Cavite province.

MPCala Holdings Inc., a unit of MPTC, earlier said the Laguna segment of the P35.4-billion Cavite Laguna Expressway was set to open to motorists by next month.

The first segment starts at the Mamplasan Barrier and passes through Laguna Technopark Interchange, Laguna Boulevard Interchange all the way to Santa Rosa-Tagaytay Interchange.

The construction of the Cavite side is expected to be completed by 2022.

MPCALA tapped Leighton Holdings of Australia to build the Cavite side and local contractor DMCI Consunji Inc. to construct the Laguna segment.

The Cavite segment comprises 27 kilometers of the 45-kilometer Cavite-Laguna Expressway.

The Cavite segment starts from Kawit, Cavite and traverses the Imus Open Canal, Governor’s Drive, DasmariƱas, Aguinaldo Highway and Silang which will connect to the Laguna segment from Sta. Rosa exiting to Mamplasan toward South Luzon Expressway.

http://manilastandard.net/business/corporate/304420/metro-pacific-offers-to-extend-cavitex-to-tanza.html

No comments:

Post a Comment