tollroads - updates

Rappler's latest stories on tollroads


Muntinlupa-Cavite expressway opens July 24

Jul 22, 2015 - 1:10 PM

2nd UPDATE The first public private partnership road project under the current administration opens days ahead of President Benigno Aquino III s final State of the Nation Address

President Benigno S. Aquino III leads the inaugural drive-through at the completed Daang-Hari-South Luzon Expressway (SLEX) Link Road Project / Muntinlupa-Cavite Expressway (MCX) during the inauguration ceremony in Barangay Poblacion, Muntinlupa City on Friday (July 24, 2015). The MCX is Ayala Corporation’s first toll road project under the Aquino administration’s Public-Private Partnership Program. The road project would decongest traffic in Cavite, Las Piñas and Muntinlupa, reduce travel time by an average of 45 minutes from Daang Hari to Alabang Interchange, provide a new access to the NBP property and improve the overall competitiveness of Region IV-A (CALABARZON) as an investment destination by providing an alternative route to/from Metro Manila and Cavite. (Photo by Gil Nartea / Malacañang Photo Bureau)

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 buys 45% shares in Vietnam toll road firm

Jan 15, 2015 - 5:42 PM

The transaction marks the Pangilinan led infrastructure giant s second foray outside the Philippines

VIETNAM EXPANSION. Metro Pacific Investments Corporation's exposure in a Vietnamese tollway firm marks its second investment outside the Philippines. Photo from Shutterstock.

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

San Miguel to start building NAIA Expressway in January

Jul 09, 2013 - 5:31 PM

The government and diversified conglomerate San Miguel Corp ink the concession agreement on the NAIA Expressway road project which is slated to start the main construction work in January 2014

MVP group invests P6.8-B in Manila-Cavite hi-way

Dec 27, 2012 - 3:42 PM

MVP led Metro Pacific Investments Corp expands its tollroad portfolio with its stake in the 14 kilometer Cavitex

YEAREND DEAL. The group of businessman Manuel V. Pangilinan clinched the deal for this 14-km tollroad before the close of 2012. Photo from Cavitex's Facebook page

San Miguel and synergy of telco, tollroad units

Mar 21, 2012 - 6:34 PM

The diversifying conglomerate is taking advantage of the synergies between 2 recently acquired business units: ETPI and TPLEX