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Friday, March 29, 2024

MPTC unit to build new Indonesia road

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A subsidiary of Metro Pacific Tollways Corp. in Indonesia is spending P2.7 billion to construct a tollway access for Makassar New Port.

PT Bintaro Serpong Damai, where MPTC owns a majority interest, broke ground on Feb. 7 for the construction of Makassar New Port Access Toll Road. The project is about 3.2 kilometers in length and directly provides access to the Makassar Port in South Sulawesi.

The MNP project will connect the Makassar Port to Makassar City through other toll road projects of MPTC in Indonesia. MNP is expected to encourage economic growth, aid in the distribution, logistics and the facilitation of export and import routes and ease the congestion of traffic for the delivery of goods and logistics transportation with its direct access to the Makassar Port.

The construction of MNP will be carried out in three stages and is targeted to be completed by early 2023.

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