MPCala Holdings Inc., a unit of Metro Pacific Investments Corp., said it expects to start the construction of the Cavite side of the Cavite Laguna Expressway Project by the end of April.
“We expect to break ground in the Cavite side towards the end of April,” MPCala president and chief executive Luigi Bautista said.
MPCala Holdings earlier tapped Leighton Holdings of Australia to build the Cavite side, while local contractor DMCI Consunji Inc. will construct the Laguna side.
Calax, one of the largest public-private partnership projects, involves the financing, design, construction, operation and maintenance of a four-lane, 47-kilometer closed-system toll expressway connecting Cavitex (Manila–Cavite Expressway) and South Luzon Expressway.
The P34.5-billion expressway will start from Cavitex in Kawit, Cavite and end at the SLEx-Mamplasan Interchange in City of BiƱan, Laguna.
Construction is expected to be completed by 2020, while operations and maintenance are set from 2020 to 2050.
Metro Pacific Tollways Corp. is also constructing the P27.9-billion Cebu-Cordova Link Expressway project.
The 8.25-km bridge project, set to be completed by 2020, will connect Cebu City to Mactan Island via Cordova.
The group is also building the NLEx-SLEx Connector Road, an elevated expressway to connect the northern and southern toll road systems at a cost of P23 billion.
“We expect to break ground in the Cavite side towards the end of April,” MPCala president and chief executive Luigi Bautista said.
MPCala Holdings earlier tapped Leighton Holdings of Australia to build the Cavite side, while local contractor DMCI Consunji Inc. will construct the Laguna side.
Calax, one of the largest public-private partnership projects, involves the financing, design, construction, operation and maintenance of a four-lane, 47-kilometer closed-system toll expressway connecting Cavitex (Manila–Cavite Expressway) and South Luzon Expressway.
The P34.5-billion expressway will start from Cavitex in Kawit, Cavite and end at the SLEx-Mamplasan Interchange in City of BiƱan, Laguna.
Construction is expected to be completed by 2020, while operations and maintenance are set from 2020 to 2050.
Metro Pacific Tollways Corp. is also constructing the P27.9-billion Cebu-Cordova Link Expressway project.
The 8.25-km bridge project, set to be completed by 2020, will connect Cebu City to Mactan Island via Cordova.
The group is also building the NLEx-SLEx Connector Road, an elevated expressway to connect the northern and southern toll road systems at a cost of P23 billion.
No comments:
Post a Comment