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Sunday, November 24, 2024

NEDA expected to approve P22.4-billion Tagaytay Expressway in first quarter

The Public Works Department said it expects the National Economic and Development Authority board to approve the P22.4-billion Cavite-Tagaytay-Batangas Expressway project by first quarter next year.

“In the next few months, first-quarter definitely. There’s no guarantee but I think we can get it on the first quarter next year,” Public Works Secretary Mark Villar said.

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The agency last year granted the original proponent status to Metro Pacific Tollways Corp. for the construction of CTBEX.

CTBEX is a 50.4-kilometer expressway that will connect Cavite and Batangas, with a spur road to Tagaytay City and ultimately terminating in Nasugbu and another spur road to Tuy, Batangas.

CTBEX would decongest about 23,000 vehicles daily from existing thoroughfares.

The project will start at Silang East Interchange of the Cavite-Laguna Expressway. The alignment will traverse the towns of Silang, Amadeo, Mendez, Alfonso and Tagaytay in Cavite and Nasugbu in Batangas.

MPCALA  Holdings Inc., a subsidiary of MPTC is also constructing the P35-billion Cavite-Laguna Expressway”•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.

Parent Metro Pacific Tollways Corp. is building the NLEX-SLEX Connector Road, an 8-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 North Luzon Expressway, Subic-Tarlac Expressway, and Manila-Cavite Toll Expressway.

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