MPTC - updates

Rappler's latest stories on MPTC


Metro Pacific net income rises by 15% in 2017

Mar 01, 2018 - 6:45 PM

The increase to P13.2 billion in 2017, from P11.5 billion in 2016, is largely due to Meralco and Global Business Power

Metro Pacific to slow down on new proposals until toll hikes resolved

Feb 26, 2018 - 5:00 PM

The tollways unit of Metro Pacific Investments Corporation says it has foregone roughly P7.5 billion in potential revenues since 2012 because of delayed toll adjustments

PENDING HIKE. The delays in toll hike have been hurting the pockets of operators, with a total foregone revenue of roughly P7.5 billion. Image from Wikimedia

Cavite-Tagaytay-Batangas Expressway project seen to move forward in February

Feb 11, 2018 - 7:45 PM

It would only take less than an hour for motorists from Manila to reach Tagaytay once the 49-kilometer Cavite-Tagaytay-Batangas Expressway (CTBEX) is built

PROPOSED TOLLWAY. The proposed project is a 47-kilometer tollway, with a two-by-two lane carriageway traversing mostly the rural areas of Silang, Tagaytay, Amadeo, Mendez, Alfonso and Magallanes, in Cavite; as well as Nasugbu in Batangas. Image from DPWH website

Metro Pacific eyes more toll roads, water projects in ASEAN countries

Nov 08, 2017 - 6:15 PM

For Indonesia alone, Metro Pacific CEO Jose Maria Lim says his firm is exploring dozens of toll road concession deals

Metro Pacific tollways unit expands presence in Indonesia

Nov 06, 2017 - 8:40 PM

For $132 million, the toll road arm of Metro Pacific Investments Corporation raises its stake in Indonesian infrastructure holding company PT Nusantara

More electronic toll collection options for Metro Pacific's roads soon

Aug 22, 2017 - 8:00 PM

For now motorists traversing the NLEX can pay toll fees using their Easy Trip RFID Beep cards as well as Mastercard contactless debit prepaid and credit cards

ELECTRONIC TOLL COLLECTION. Metro Pacific Tollways chairman Manuel Pangilinan tries new electronic toll collection of North Luzon Expressway. Photo courtesy of PayMaya Philippines

Metro Pacific pouring P153B into public infrastructure 'til 2018

Apr 04, 2017 - 9:33 AM

The infrastructure conglomerate is set to start construction of the Cavite Laguna Expressway and Cebu Cordova Link Expressway among others in 2017

PRIVATE HANDS. One of Metro Pacific's projects is NLEX Harbor Link Segment 10, which will be an elevated roadway connecting Segment 9 at MacArthur Highway in Valenzuela City to C-3 Road (5th Avenue) in Caloocan City. Photo from MPIC website

MPIC on toll hike petitions: Taxpayers bear brunt

Apr 08, 2016 - 7:30 PM

When the private concessionaires signed an agreement with the government for the operations and maintenance of the expressways they were promised a toll increase

POCKET BRUISING. The delays in toll hike have been hurting the pockets of operators, with a total foregone revenue of over P4 billion as of January 2016. Image from Wikimedia

Toll hike petitions likely be up to the next gov't

Mar 21, 2016 - 10:22 AM

The delays in toll hike have been hurting the pockets of operators with a total foregone revenue of over P4 billion as of January 2016

POCKET BRUISING. The Toll Regulatory Board has not approved a toll fee hike just yet, but petitions were not dismissed

Graft charges vs Lapid, 5 others for overpriced fertilizer

Nov 05, 2015 - 10:17 PM

The Ombudsman says that in May 2004 Pampanga officials purchased 3 880 liters of Macro Micro Foliar Fertilizer without public bidding and at padded prices

GRAFT RAPS. Senator Lito Lapid faces graft charges over an allegedly anomalous purchase of fertilizer when he was Pampanga governor. File photo

Delayed right-of-way acquisition takes a toll on NLEX Harbor Link

Jul 21, 2015 - 8:00 PM

A toll road from Mindanao Avenue in Quezon City to C3 or 5th Avenue in Caloocan City could be open to motorists by December 2016

ANOTHER DELAYED PROJECT. NLEX's Segment 10 is another infrastructure project being delayed by slow right-of-way acquisition. Photos from Chrisee Dela Paz/Rappler

Metro Pacific bags Cavite-Laguna project

Jun 08, 2015 - 5:29 PM

The Cavite Laguna expressway is the 10th public private partnership project awarded by the Aquino administration Groundbreaking for the project is eyed in the first half of 2016

MPIC unit evaluates $600M road project in Vietnam

May 13, 2015 - 12:20 PM

The Manuel V Pangilinan led firm says it is studying an offer to pursue a tollroad project in the Southeast Asian country

MPIC losing over P2B potential revenues

Nov 25, 2014 - 10:49 PM

The Toll Regulatory Board has yet to act on their petition for a toll rate increase pending for years now

MPIC eyes to complete 3 toll roads before June 2016

Jan 22, 2014 - 12:17 AM

The group is working on completing 3 toll projects worth P30 billion before the Aquino administration ends its term

GAP-BRIDGING. The Manila North Tollways Corp. is working to complete 3 toll roads by 2016. Photo by Jay Directo/AFP

MPIC asks gov't to hasten SCTEx turnover

Jan 21, 2014 - 7:39 PM

The Manuel V Pangilinan led company says its takeover of SCTEx will pave the way for its seamless connection to NLEx

FASTER TURNOVER. The MNTC and MPTC would like the SCTEX agreement to be implemented faster.

Cavitex investment pays off for MVP group

Oct 29, 2013 - 5:02 AM

The tollroad unit of the Pangilinan led group is confident of hitting its P8 billion revenue goal for 2013 thanks to the Cavitex project

CAVITEX CONTRIBUTION. The tollroad unit of the Pangilinan-led group is confident of hitting its P8 billion revenue goal for 2013, thanks to the Cavitex project. Photo from Cavitex's Facebook page

MPIC H1 core profit climbs 14% to P3.9-B

Aug 08, 2013 - 5:10 PM

MPIC says it performed strongly on the back of higher profit contributions from its units interest savings on the North Luzon Expressway profit contribution from the recently acquired Cavitex and cost reduction measures

STRONG DRIVER. MPTC highly benefits from profit contribution from the recently acquired Cavitex

50-50 revenue, cost sharing for SCTEx eyed

Apr 07, 2013 - 9:07 AM

Manila North Tollways of the MVP group proposes a 50 50 revenue and cost sharing scheme with government in the operation of the Subic Clark Tarlac Expressway

MPIC to submit revised SCTEx proposal

Mar 21, 2013 - 3:22 PM

This is the 3rd time the Manuel V Pangilinan led group is submitting a proposal to operate and maintain the 94 kilometer Subic Clark Tarlac expressway SCTEx

PSE officially delists George Ty, MVP units

Dec 21, 2012 - 4:53 PM

FMIC and MPTC were officially delisted on December 21

MVP group sees deal on common alignment for NLEx-SLEx road by yearend

Nov 22, 2012 - 6:55 PM

Pangilinan led Metro Pacific Tollways Corp MPTC intends to sign an agreement on the North Luzon Expressway NLEX South Luzon Expressway SLEX connector road project before yearend

Metro Pacific tollways unit considers delisting

Sep 27, 2012 - 2:35 PM

A large expressway builder is considering delisting from the local exchange as rules for public ownership of stocks tighten