Posts Tagged ‘Metro Pacific Tollways Development Corp.’

Connector road gets OK to proceed

11 September 2012, Malaya Business Insight

 

Metro Pacific Tollways Development Corp.  yesterday reported it expects the NLEX-SLEX road connector project to be fully operational by 2016.

The project estimated to cost P23.6 billion connects the Luzon’s north and south expressways through a route parallel to the Philippine National Railways track east of Manila or what it calls as Harbor Link.

The company reported that it  completed negotiations with the Department of Public Works and Highways (DPWH) and received a “no objection” response from the Department of Transportation and Communications (DoTC) in relation to the use of the PNR alignment.

“We are elated by the positive feedback from the DPWH and the DoTC regarding our proposal to build the NLEX-SLEX road connector project. We are optimistic the approval of the DPWH and DoTC will soon pave the way for us to proceed in constructing this vital road connector project that is envisioned to ease the burden of millions of motorists in Metro Manila,” MPTDC president Ramon Fernandez said.

Fernandez said the different segments by  other proponents will be discussed.  “This is open for discussions with SMC-Citra.  We will abide by what President Aquino has mandated on the matter”

Fernandez also added that the TRB, in a recent board meeting, attended by DPWH Secretary Rogelio Singson,  is just waiting for an agreement between MPTDC and Citra on the common segment before allowing the Skyway to proceed.

MPTDC anticipates that its proposal will be submitted to the National Economic Development Authority (NEDA) this month for review and approval.  Afterwards it expects a Swiss Challenge to follow.

If all goes according to the plans of MPTDC, construction will start in 2013 and the project will be finished by the first quarter of 2016.

Once completed, the proposed connector road will connect the North Luzon Expressway through the Harbor Link, and Skyway in Buendia.

 

NLEX-SLEX Connector Road Given Go-Signal

10 September 2012, Manila Bulletin 

By Bernie Cahiles-Magkilat

 

The P23.6 billion North Luzon Expressway and South Luzon Expressway (NLEX-SLEX) connector road was granted the go-signal by the government.

In a statement, project proponent Metro Pacific Tollways Development Corporation (MPTDC) said it expected the NLEX-SLEX road connector project to be fully operational by 2016 after it completed negotiations with the Department of Public Works and Highways (DPWH) and received a “no objection” response from the Department of Transportation and Communications (DOTC) in relation to the use of the PNR alignment.

“We are elated by the positive feedback from the DPWH and the DoTC regarding our proposal to build the NLEX-SLEX road connector project. We are optimistic the approval of the DPWH and DoTC will soon pave the way for us to proceed in constructing this vital road connector project that is envisioned to ease the burden of millions of motorists in Metro Manila,” MPTDC president Ramon Fernandez said in a statement.  MPTC, a subsidiary of Metro Pacific Tollways Corp., made a presentation to the Toll Regulatory Board recently.

The cost of the road connector has been estimated at P19 billion while the right of way at P4.6 billion for a total of P23.6 billion. The timetable for segment 9 is expected end of 2013 while 10 by end of 2014, and connector, end of 2015 or first quarter of 2016.

Asked about the negotiations for the common segment of the project, Fernandez said “This is open for discussions with SMC-Citra, which is the other project proponent. We will abide by what President Aquino has mandated on the matter”

Fernandez also added that the TRB, in a recent board meeting, attended by DPWH Secretary Rogelio Singson,  is just waiting for an agreement between MPTDC and Citra on the common segment before allowing the Skyway to proceed.

MPTDC anticipates that its proposal will be submitted to the National Economic Development Authority (NEDA) this month for review and approval.  Afterwards it expects a Swiss Challenge to follow.

If all goes according to the plans of MPTDC, construction will start in 2013 and the project will be finished by the first quarter of 2016.

Once completed, the proposed connector road will connect the North Luzon Expressway through the Harbor Link, and Skyway in Buendia .

MPTDC is a subsidiary of Metro Pacific Tollways Corporation (MPTC) which is committed to its vision of providing high quality public service through improved expressway systems, which are catalysts for economic development. MPTC seeks to permanently transform the country’s transport landscape by building an increasingly comprehensive and integrated expressway network. The Metro Pacific Tollways Corporation and Tollways Management Corporation are the management arms of Metro Pacific Investments Corporation for the broader tollways network that it hopes to expand and build.

MPTC, in partnership with the Philippine government and through its subsidiary, Manila North Tollways Corporation, has undertaken what has been called the largest infrastructural project in the country in the last ten years — the massive rehabilitation and expansion of the North Luzon Expressway (NLEX), and its systematic interconnection with other major arterial roads in Luzon. Collectively, the NLEX and its related infrastructural projects facilitate faster, safer and better quality traveling a critical national area.

 

P24-B Metro Pacific road project gets govt ‘go’ signal

09 September 2012, Business Mirror

by Lenie Lectura

 

THE Metro Pacific group has secured the go-ahead to proceed with its P23.6-billion North Luzon Expressway (NLEx)-South Luzon Expressway (SLEx) connector road project.

Metro Pacific Tollways Development Corp. (MPTDC), a wholly owned subsidiary of Metro Pacific Tollways Corp. (MPTC)—the tollways arm of Metro Pacific Investments Corp. (MPIC)—expects the said project to be fully operational by 2016.

The company recently completed negotiations with the Department of Public Works and Highways (DPWH) and received a “no-objection” response from the Department of Transportation and Communications (DOTC) in relation to the use of the Philippine National Railway (PNR) alignment.

MPTDC’s proposal involves the construction of a 13.2-kilometer (km) overhead road that will traverse through PNR tracks, passing the busy streets of Manila.

The project cost of the road connector is P19 billion, plus a right-of-way cost of P4.6 billion.

MPTDC’s connector road will have four lanes and three exits in Quirino, España and 5th Avenue.  From there, the road would connect to the “Harbor Link” road project, which is actually an extension of the NLEx. The Metro Pacific group holds the concession to the NLEx.

“We are elated by the positive feedback from the DPWH and the DOTC regarding our proposal to build the NLEx-SLEx road connector project. We are optimistic the approval of the DPWH and DOTC will soon pave the way for us to proceed in constructing this vital road connector project that is envisioned to ease the burden of millions of motorists in Metro Manila,” MPTDC president Ramon Fernandez said.

The DPWH has accepted the proposal although this will still be subjected to a Swiss challenge.

When asked about the negotiations for the common segment of the project, Fernandez said, “This is open for discussions with San Miguel Corp. (SMC)-Citra, which is the other project proponent. We will abide by what President Aquino has mandated on the matter.”

The proposal of SMC-backed Citra Metro Manila Tollways Corp. (CMMTC) involves the construction of the 14.2-km, six-lane elevated tollway.

In May 2011, CMMTC submitted its updated investment proposal for the Skyway stage 3 project to the Toll Regulatory Board (TRB) and the DPWH.  Skyway stage 3 is a component of the Metro Manila Skyway Project approved by the government in 1995.

CMMTC asserted its right to construct extension roads for the Metro Manila Skyway through a concession agreement it signed with the government. The first stage of the Skyway runs from Buendia to Bicutan and the second stage extends the elevated road all the way to Alabang, Muntinlupa.

CMMTC, which used to be a joint venture between the Philippine National Construction Corp.  and Indonesia’s PT Citra Lamtoro Gung Persada, said the concession agreement included a third section of the Skyway, which is the connector road.

The said connector road will have exits in Quirino in Manila; and Plaza Dilao, Aurora Boulevard, E. Rodriguez Ave., Quezon Boulevard, Sgt. Rivera and Balintawak in Quezon City.

Fernandez added that the TRB, in a recent board meeting, is just waiting for an agreement between MPTDC and CMMTC on the common segment before allowing the Skyway to proceed.

The common segment is a three-km road that will start from Buendia in Makati City all the way to Plaza Dilao in Manila.

MPTDC anticipates that its proposal will be submitted to the National Economic Development Authority this month for review and approval.  Afterwards it expects a Swiss challenge to follow.