Cavitex Infrastructure Corp. said it expects traffic volume along Manila-Cavite Expressway to increase 6 percent this year.
“We expect roughly 5 percent to 6 percent traffic growth, but that also assumes rate adjustment. If rate adjustment happens, it will be very difficult to achieve that,” CIC president and general manager Roberto Bontia said.
Bontia said the average vehicle traffic along Cavitex is about 140,000 daily. Cavitex is unit of Metro Pacific Tollways Corp.
MPTC, through MPCala Holdings Inc., earlier secured an original proponent status from the Department of Public Works and Highways for the P22.43-billion Cavite-Batangas Expressway.
CTBex is a 49-kilometer expressway that will connect Cavite and Batangas, with a spur road to Tagaytay City and 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.
The CTBex project was targeted to be completed by 2022.
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 group is also building the P27.9-billion Cebu-Cordova Link Expressway 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.