Philippines projects proceeding as planned

Major expressway projects are now moving forward in the Philippines, with building due to start in the first quarter of 2017. Metro Pacific is gearing up to commence construction of the C5 Link Expressway. Meanwhile Metro Pacific Investments Corp (MPIC) has plans to commence construction of the Cavite-Laguna Expressway. The 7.6km C5 Link Expressway forms part of the Cavitex network. The US$291 million project will join the C-5 Road in Taugig to the R-1 Coastal Expressway. The $728 million Cavite-Laguna e
Finance & Funding / October 25, 2016
Major expressway projects are now moving forward in the Philippines, with building due to start in the first quarter of 2017. Metro Pacific is gearing up to commence construction of the C5 Link Expressway. Meanwhile Metro Pacific Investments Corp (MPIC) has plans to commence construction of the Cavite-Laguna Expressway.

The 7.6km C5 Link Expressway forms part of the Cavitex network. The US$291 million project will join the C-5 Road in Taugig to the R-1 Coastal Expressway. The $728 million Cavite-Laguna expressway is one of the biggest PPP projects in the Philippines. The 47km tolled route project is for a design, financing, building, operation and maintenance concession package that will run until 2050. The route will connect the Cavitex (Manila-Cavite Expressway) with the South Luzon Expressway. The two contractors building the route are Australian firm Leighton Holdings and local company DMCI Consunj, with completion due in 2020.

Other major projects in hand in the Philippines include a joint venture deal with Cebu city and the Cordova municipality for the construction of the 8.25km Cebu-Cordova Bridge. This will connect Cebu City with Mactan Island through Cordova and should be ready by 2020. Metro Pacific is also building the 5.6km NLEx Harbour Link Segment 10, which includes an elevated expressway. The expressway will run from Valenzuela City to C3 in Caloocan City.
catfish1