MVP keen on investing in CCLEX ramps, Metro Cebu expressway

BUSINESS tycoon Manny Pangilinan is considering investing billions of pesos in two major infrastructure projects in Cebu, including the construction of additional ramps for the Cebu-Cordova Link Expressway (CCLEX).Aside from the additional CCLEX ramps, Pangilinan is also planning to pursue a possible public-private partnership (PPP) for the ongoing Metro Cebu Expressway project that will run […]

MPTC unit expects up to 10% rise in CAVITEX vehicle count by Nov.

AN INCREASE in average daily vehicle volume of up to 10% is expected on the Manila-Cavite Expressway (CAVITEX) when physical classes resume in November, according to Cavitex Infrastructure Corp. (CIC), a unit of Metro Pacific Tollways Corp. (MPTC). “With more vehicles expected to ply the 14-kilometer CAVITEX going to different schools and universities in Metro […]

MPTC says Mobility unit to get ‘less than a billion’ for projects

METRO Pacific Tollways Corp. (MPTC) said it is allocating “less than a billion” for its subsidiary MPT Mobility this year, mainly for the latter’s digital solutions. “We are, for this year, budgeting less than a billion for capex (capital expenditure). This is for MPT Mobility,” MPTC President and Chief Executive Officer Rodrigo E. Franco said during […]

Metro Pacific Tollways invests in mobility app for customers

METRO Pacific Tollways Corp. (MPTC) officially introduced on Thursday its MPT DriveHub, a smartphone application that houses the company’s mobility solutions for customers. The application, which will be available on March 1, allows motorists to manage their trips through its three key features: RFID or radio-frequency identification transactions, trip planning, and roadside assistance. This means […]

MPIC toll roads hope to double revenue upon completion of projects

Metro Pacific Investments Corp. (MPIC) on Friday said its toll roads business is targeting to double its gross revenues once existing projects become fully operational. “The plan for MPIC’s toll roads business is to double its top-line revenue upon completion and full operation of its existing projects,” the listed infrastructure conglomerate said in a statement. […]

Metro Pacific starts installation of RFID stickers for CCLEX

THE Cebu Cordova Link Expressway Corp. (CCLEC), the private company behind the Cebu-Cordova Link Expressway (CCLEX), has started inviting motorists to have their vehicles installed with radio-frequency identification (RFID) stickers in preparation for the opening of the project in the first quarter of 2022. “The P30-billion toll bridge, which will be substantially completed by the […]

New roads and high hopes

‘Build, Build, Build’ marches forward despite the pandemic By Adrian Paul B. Conoza, Special Features Writer AMID THE coronavirus disease 2019 (COVID-19) pandemic that disrupted economic activity and even halted road constructions temporarily, new roads were completed last year and more are set to be open as the current administration’s Build, Build, Build (BBB) program […]