Cavitex Infrastructure Corp. said it plans to spend P700 million to expand the Manila-Cavite Expressway to address traffic congestion.
“We are very much aware of the congestion being experienced by our motorists and we would like to inform the public that we have in place not only a plan to add toll booths, but a comprehensive development plan for the Cavitex consisting of short, medium and long-term measures,” CIC president and chief executive Luigi Bautista said.
Bautista said the company submitted a project information memorandum to the Toll Regulatory Board for the expansion of Cavitex, which would cost about P700 million.
The Cavitex expansion will be completed in eight months, or once the TRB approves the proposal.
Bautista said Cavitex would add a lane on each side of the carriageway and would construct an elevated south-bound lane at the corner of Pacific Drive, which was being managed through a stop-and-go-traffic light system that affected the pass through of vehicles in the intersection.
The company will also implement a permanent “fishbone” system or multiple layer of tollbooths to mange vehicle passage by June 2018, he said.
The daily average vehicle traffic at Cavitex increased to 140,000 this year from last year’s 132,000 vehicles.
Bautista said Cavitex was supporting the Transportation Department’s and Toll Regulatory Board’s thrust on interoperability of adjacent toll roads.
He said initial talks with Ninoy Aquino International Airport Expressway took place early this year.
He said by 2020, Cavitex and all its plazas and interchanges would become an integrated part of a unified operation with the Cavite Laguna Expressway and C5 South Link, which were also in the early stages of construction, using the latest in tollway management technology.
“We envision that, once the two expressways are fully completed and operated by a unitary system, motorists using electronic toll collection will experience quicker pass through when they travel on the said expressways in the future,” Bautista said.