ABS-CBN Corporation can again seek a franchise during President Rodrigo Duterte's administration if its application is rejected on Friday by a House committee, a lawmaker said.
Friday, July 10, 2020
Construction of Cavitex-C5 Link Expressway segments starts
Cavitex Infrastructure Corp. (CIC) and the Philippine Reclamation Authority on Thursday broke ground for two new segments of the Cavitex-C5 Link Expressway, which will help decongest major roads in Metro Manila, including Edsa.
With the groundbreaking ceremonies, CIC may start constructing Segment 2 and Segment 3A-2 of the said expressway. Segment 2 refers to a 1.9-kilometer road that will run from R1 to Sucat Interchange, while segment 3A-2 refers to a 1.6-kilometer lane that will run from Merville to RSG Subdivision in Paranaque.
Both projects are expected to be completed by the second quarter of 2022.
“These projects will decongest EDSA and Sales Road in Pasay City by about 50,000 vehicles per day, and connect major business districts in Taguig and Makati to Parañaque, Las Piñas, and Cavite. Continuing with ‘Build, Build, Build’ activities will help spur economic growth to get us back on track from the effects of the pandemic,” Department of Public Works and Highways (DPWH) Secretary Mark A. Villar said.
A.M. Oreta & Company Inc. and China Harbour Engineering Company Ltd. were tapped for the construction of Segment 2 and Segment 3A-2.
“These new segments will play a huge role in our national recovery, as we continue to seek ways to help the Filipino people cushion the impact of Covid-19,” Metro Pacific Tollways Corp. President Rodrigo E. Franco said.
Upon completion, Segments 2 and 3A2 are expected to reduce travel time to Makati and Taguig cities from Parañaque City, Las Pinas City, and Cavite Province by 30 minutes.
“Once operational, Segments 2 and 3A-2 of Cavitex C5 Link Expressway will help provide fast, safe and efficient movement of people and goods, and create at least 1,000 new jobs in construction, operations and maintenance,” CIC President Roberto V. Bontia said.
In total, the two segments cost about P8.8 billion. Both are also fully funded.
Cavitex-C5 Link Expressway is envisioned to be a 7.70-kilometer dual three-lane expressway that will run from R-1 Parañaque Toll Plaza to C-5 Road in Taguig.
Construction of two new segments of C5 Link Expressway starts
CAVITEX Infrastructure Corp. (CIC), operator of the Manila-Cavite Expressway (Cavitex), is set to break ground today, Friday, for the two new segments of the Cavitex C5 Link Expressway.
CIC and its joint venture partner for the P8.8-billion project, the Philippine Reclamation Authority, have signed a contract with A.M. Oreta & Co., Inc. and China Harbour Engineering Co. Ltd. for the construction of Segment 2 and Segment 3A-2 of the Cavitex C5 Link Expressway, the Metro Pacific tollway firm said in a statement e-mailed to reporters on Thursday.
Targeted for completion in 2022, the two new road segments are “expected to reduce travel time to Makati and Taguig cities from Parañaque City, Las Piñas City, and Cavite Province by 30 minutes,” it said.
The 7.70-kilometer Cavitex-C5 Link Expressway is a dual three-lane expressway from R-1 Parañaque Toll Plaza to C-5 Road in Taguig, CIC added.
The 1.9-kilometer Segment 2 will run from R-1 Expressway to Sucat Interchange, while the 1.6-kilometer Segment 3A-2 will run from Merville to RSG Subdivision in Parañaque.
Department of Public Works and Highways Secretary Mark A Villar was quoted as saying in the statement: “These projects will decongest EDSA and Sales Road in Pasay City by about 50,000 vehicles per day, and connect major business districts in Taguig and Makati to Parañaque, Las Piñas, and Cavite.”
He said the continuing infrastructure activities “will help spur economic growth to get us back on track from the effects of the pandemic.”
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