MPCala Holdings Inc., a unit of Metro Pacific Investments Corp., said it expects to obtain the original proponent status for the P22.43-billion Cavite-Batangas Expressway this month.
CTBex is a 49-kilometer expressway that will connect Cavite and Batangas, with a spur road to Tagaytay City and ultimately terminating in Nasugbu, with another spur road to Tuy, Batangas.
“As far as we are concerned, we already completed the required documents that they needed. It’s really up to the DPWH to review and issue the original proponent status. Our expectation is by this month,’ MPCala Holdings president and chief executive Luigi Bautista told reporters.
MPCala Holdings is also the winning bidder for the P35.42-billion Cavite-Laguna Expressway.
“After OPS, we have to submit it to NEDA for review. If NEDA approves it, there will be negotiations. After negotiations, only time they will offer to Swiss Challenge,” he said.
Bautista said he expected the CTBex project to start construction by the first quarter of 2019.
Ang tagal pa nito. Baka gagayahin nila yung style ng CALAX magkabilang dulo yung uumpisahan papunta sa gitna
CTBex is a 49-kilometer expressway that will connect Cavite and Batangas, with a spur road to Tagaytay City and ultimately terminating in Nasugbu, with another spur road to Tuy, Batangas.
“As far as we are concerned, we already completed the required documents that they needed. It’s really up to the DPWH to review and issue the original proponent status. Our expectation is by this month,’ MPCala Holdings president and chief executive Luigi Bautista told reporters.
MPCala Holdings is also the winning bidder for the P35.42-billion Cavite-Laguna Expressway.
“After OPS, we have to submit it to NEDA for review. If NEDA approves it, there will be negotiations. After negotiations, only time they will offer to Swiss Challenge,” he said.
Bautista said he expected the CTBex project to start construction by the first quarter of 2019.
Ang tagal pa nito. Baka gagayahin nila yung style ng CALAX magkabilang dulo yung uumpisahan papunta sa gitna
