Manila North Tollways Corp. said it will submit an unsolicited proposal to build a P50-billion elevated expressway along Circumferential Road 5, connecting Commonwealth Ave. in Quezon City to the southern part of Metro Manila.
MNTC president and chief executive Rodrigo Franco said the company proposed to build more than 8.2 kilometers of elevated expressway from Commonwealth Ave. to Manila-Cavite Toll Expressway or Cavitex.
“We will re-submit it to DPWH [Department of Public Works and Highwayts] maybe in the second quarter. We need to rework the technical aspect,” he said.
The company initially submitted the proposed elevated expressway to the Toll Regulatory Board, but the agency said the project should be submitted to DPWH.
Franco said the company needed to complete first the P8.6-billion NLEx-C5 Link project before undertaking a new elevated expressway along C5 under an unsolicited mode.
The 7.85-kilometer NLEx-C5 Link will start from the end of Segment 8.1 of North Luzon Expressway at Mindanao Ave. and end at Commonwealth Ave. in Quezon City.
The C5 Link aims to decongest Metro Manila as it would provide alternative access to mainline North Luzon Expressway further east of Metro Manila, bypassing Edsa and Balintawak toll plaza.
Franco said for public private partnership projects, his company was also interested in the P14.2-billion Central Luzon Link Expressway Phase 2 and Plaridel Bypass Toll Road Project.
CLLEx Phase 2 is an extension of CLLEX Phase I and will connect Cabanatuan City to San Jose City, also in Nueva Ecija. Phase 1 will be constructed by the government with funding from the government of Japan.
The Plaridel Bypass Toll Road is a 23.3-kilometer road starting at the Balagtas interchange in NLEx up to San Rafael, Bulacan.
The road project traverses five towns of Bulacan, including Balagtas, Guiguinto, Plaridel, Bustos and San Rafael. It involves the conversion of the existing road into a toll road.