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Tuesday, April 23, 2024

MPIC plans Indonesia project

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Metro Pacific Investments Corp. is looking at expanding toll operations to Malaysia and Indonesia.

“We are looking at one in Indonesia and Malaysia, but very preliminary,” Metro Pacific chairman Manuel Pangilinan said.

MPIC has a 29.45-percent  stake in Don Muang Tollway Public Company Limited, a  major toll road operator in Bangkok, Thailand. 

The concession for DMT runs until 2034 for the operation of a 21.9-kilometer six-lane elevated toll road from central Bangkok to Don Muang International Airport and further to the National Monument, north of Bangkok, Thailand.

MPIC through Metro Pacific Tollways Corp. also owns a 44.9-percent interest in CII Bridges and Roads , which has various road and bridge projects in Ho Chi Minh City. 

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