• Philippine Resources

MPTC unit to invest P30 B for 22-km Cavite toll road

A unit of Metro Pacific Tollways Corp. (MPTC) plans to pour in P30 billion to develop, together with the Philippine Reclamation Authority (PRA) a 22-kilometer toll road in Cavite, which will include a road to Sangley, which may be developed into an international airport.

Cavitex Infrastructure Corp. (CIC) president Roberto Bontia said the project is expected to be submitted to the Toll Regulatory Board (TRB) this month.

“We are getting a resolution for approval with the PRA board and after that, jointly with the PRA and CIC, we will submit to the TRB,” he said.

Bontia said the alternative Segment 5 alignment project would serve as an extension of the concession of the Manila-Cavite Expressway (CAVITEX).

The entire alignment will span 22 kilometers, of which the Sangley spur road would be about five kilometers.

The project will run from Kawit to Noveleta, Noveleta to Sangley, and then Sangley to Tanza.

“That's about P30 billion, exclusive of the right-of-way,” Bontia said.

“The feasibility study would entail discussion with the local government units (LGUs), including the securing of the environmental certificate. Discussions with the LGUs affected are ongoing,” he said.

Should the project be approved by the TRB this year, Bontia estimates that construction could start by early 2021 as they would still have to come up with the alignment's detailed engineering design.

He said the first phase could be completed by the second quarter of 2022.

“The first phase will include that of which is going to the Sangley spur,” Bontia said.

CIC's bullishness in constructing the extension stems from ongoing developments in the Sangley Airport.

Transportation Secretary Arthur Tugade had previously ordered the accelerated construction of additional facilities at Sangley Airport to 24/7 to meet the operational timeline set by President Duterte for the military air base to commence general aviation and turboprop operations by November.

The provincial government of Cavite also submitted an unsolicited proposal that seeks to develop the former United States naval station into a modern gateway and become an alternative to the Ninoy Aquino International Airport which is presently operating beyond its capacity.

CIC is a unit of MPTC, the tollways arm of infrastructure conglomerate Metro Pacific Investments Corp.

MPTC’s portfolio of projects includes NLEX, SCTEX, CAVITEX, and current construction projects Cavite-Laguna-Expressway, C5-South Link, Connector Road, and the Cebu-Cordova Link Expressway in Cebu.

Source: https://www.philstar.com/business/2019/09/09/1950258/mptc-unit-invest-p30-b-22-km-cavite-toll-road


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