MPCala Holdings Inc., a unit of Metro Pacific Investments Corp., plans to start the construction of the P22.43 billion Cavite-Batangas Expressway by the third quarter of 2019.
“If the Swiss challenge will take place and award of the project is given to us within the year, detailed design can be then started next year. My hope is to start construction by the third quarter of 2019,” MPCala president and chief executive Luigi Bautista said.
He said the CTBex documentation was almost complete and “we hope to be able to get the OPS [original proponent status] by the end of this month.”
Bautista said the project, when completed, would cut the travel time from Sta. Rosa Laguna to Nasugbu, Batangas from 2.5 hours to just one hour.
He said the CTBex project was targeted to be completed in 2022.
CTBex is a 49-kilometer expressway that will connect Cavite and Batangas, with a spur road to Tagaytay City and ultimately terminating in Nasugbu, with another spur road to Tuy, Batangas.
The project will start at Silang East Interchange of Cavite-Laguna Expressway. The alignment will traverse the towns of Silang, Amadeo, Mendez and Alfonso in Cavite, Tagaytay City and Nasugbu in Batangas.
MPCala is also constructing the P35-billon Calax―a four-lane, 47-kilometer closed-system toll expressway connecting Cavitex and South Luzon Expressway.
The expressway will start from Cavitex in Kawit, Cavite and end at SLEx-Mamplasan Interchange in Biñan, Laguna.
The company, in addition, building the P27.9-billion Cebu-Cordova Link Expressway project project, an 8.25-km bridge project that will connect Cebu City to Mactan Island via Cordova. The project is expected to be completed by 2020.
Parent Metro Pacific Tollways Corp. is building the NLEx-SLEx Connector Road, an eight-kilometer, four-lane toll road linking the North Luzon Expressway and South Luzon Expressway, passing through Metro Manila and using the existing Philippine National Railway alignment as the route.
The MPIC Group operates the North Luzon Expressway, Subic-Tarlac Expressway and Manila-Cavite Toll Expressway.