Wednesday, September 30, 2020

Metro Pacific Tollways group says P28-billion road infrastructure projects done by 2022

The Metro Pacific Tollways Corp said Wednesday it was eyeing the completion of some P28-billion road infrastructure "stimulus projects" by 2022.


The identified roads projects, which are currently in various stages, will contribute to the economic recovery by creating jobs, improving mobility of goods, stimulating inter-regional development and by reducing traffic, MPTC chief tollway development officer Raul Ignacio said in a statement.


Ignacio said the first project is the P10-billion NLEX-CAVITEX Port Link Express Section 1, or the 5.1-kilometer stretch to Anda Circle from C3-R10 Navotas Interchange of the NLEX Harbor Link.


It aims to decongest local roads by diverting cargo trucks to the elevated expressway.


The P12-billion Section 3 of the NLEX-CAVITEX Port Link Expressway, which will link CAVITEX to Gil J. Puyat Avenue via another elevated expressway, is the second project, MPTC said. It's a 4.8-km elevated expressway above the Diosdado Macapagal Avenue.


A 2-km stretch that will extend the NLEX Harbor Link towards Quezon City and eventually connect to the C5 Expressway is the third project, it said. The C5 North Link Section 1 of NLEX is pegged at P2 billion. 


The fourth project is the 2-km Section 3B of C5 South Link Segments 2 and 3, extending CAVITEX farther from the south to the C5 Expressway in the east through the cities of Paranaque, Pasay and Taguig.


Travel time from CAVITEX to Makati will be reduced to 30 minutes from one and a half hours with the 7.7 km C5 South Link Segments 2 and 3, it said.


“With these projects, the major sea ports and airports to north and south destinations are connected, without the constraints of a truck ban. These projects will enable hauler trucks to achieve 24/7 unimpeded delivery of goods,” Ignacio said.


Economic managers have said public spending on infrastructure and the revival of the government's Build, Build, Build program are key to fast-tracking economic recovery from the impact of the COVID-19 pandemic.


https://news.abs-cbn.com/business/09/30/20/metro-pacific-tollways-group-says-p28-billion-road-infrastructure-projects-done-by-2022

MPTC completing P28 B stimulus projects by 2022

 In the next couple of years, Metro Pacific Tollways Corporation (MPTC) intends to complete P28 billion worth of road infrastructure “stimulus projects” primarily meant to contribute to the government’s quick economic recovery impetus.


MPTC named four stimulus projects in the alignments of the North Luzon Expressway (NLEX) and the Cavite Expressway (CAVITEX) now in various stages of development and construction, according to Raul L. Ignacio, MPTC Chief Tollway Development Officer.


They are meant to create employment, improve mobility of essential goods and services, stimulate inter-regional development and reduce traffic congestion, he pointed out.


The P10 billion NLEX-CAVITEX Port Link Expressway Section 1 is first on the list.


The 5.1-kilometer stretch to Anda Circle from the C3-R10 Navotas Interchange of the NLEX Harbor Link will extend the NLEX direct to the Manila Ports via an elevated expressway over the Mel Lopez Boulevard from Navotas through Tayuman, Moriones and then to Anda Circle, around the area of the Manila South Harbor.


The Port Link will decongest local roads by diverting cargo trucks to the elevated expressway.


In turn, this new truck route will be available 24/7, without truck ban, providing savings in time and vehicle operating costs for the truckers.


Second is the P12 billion Section 3 of NLEX-CAVITEX Port Link Expressway, which will connect CAVITEX to Gil J. Puyat Avenue via another elevated expressway.


Coming from the south, this CAVITEX extension will be a 4.8-kilometer elevated expressway above Diosdado Macapagal Avenue.


The third project is the P2 billion C5 North Link Section 1 of NLEX.


This 2-kilometer stretch will extend the NLEX Harbor Link towards Quezon City, and connect eventually to the C5 Expressway.


The 2-kilometer Section 3B of C5 South Link Segments 2 & 3, is the fourth project, extending CAVITEX farther from the south to the C5 Expressway in the east through the cities of Paranaque, Pasay and Taguig.


C5 South Link Segments 2 and 3 , a 7.7 kilometer road, will complete the expressway that will link CAVITEX’s Paranaque toll plaza to C5 in Taguig. It will reduce travel time from CAVITEX to Makati from one hour and a half hour to 30 minutes, since EDSA, MIA Road and other adjacent major roads shall have been decongested.


“These projects connect the major sea ports and airports to north and south destinations without the constraints of a truck ban,” Ignacio noted.


They will enable hauler trucks to achieve 24/7 unimpeded delivery of goods inasmuch as all four truck ban-free expressways divert high-value long haul trips and cargo trucks from local roads.


https://mb.com.ph/2020/09/30/mptc-completing-p28-b-stimulus-projects-by-2022/