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In a bold move to bolster its infrastructure network, Metro Pacific Tollways South Corp. (MPT South), a subsidiary of Metro Pacific Investments Corp. (MPIC), is setting its sights on a significant capital expenditure totaling nearly P12 billion over the next two years. This strategic investment is aimed at accelerating the completion of various critical road developments, a move that promises to reshape the transportation landscape of the region by 2025.
The planned capital expenditure is a testament to MPT South’s commitment to enhancing the road network, addressing the growing demand for efficient transportation, and contributing to the nation’s economic development. Elnora Rumawak, the Vice President for Finance at MPT South, outlined that the majority of the investment would be channeled towards the ongoing construction of the Cavite-Laguna Expressway (Calax), a project pivotal to the region’s infrastructure growth. This focus on Calax underscores the importance of this expressway in the broader scheme of regional connectivity and development.
MPT South’s strategy encompasses the development of several key road projects, including the C5 Southlink and the Manila-Cavite Expressway (Cavitex). These projects are not just roadways; they represent the veins of commerce and connectivity, set to drastically reduce travel times, ease congestion, and improve the overall quality of transportation in the area.
The company’s subsidiary, MPCALA Holdings Inc., managing the Calax project, has already reported significant progress. The newly opened Silang (Aguinaldo) Interchange on Calax has witnessed daily traffic volumes surpassing initial projections, indicating a robust demand and the project’s critical role in the region’s transportation network. The interchange, handling over 11,000 vehicles daily against a forecast of 5,000, is a clear indicator of the expressway’s potential impact on regional mobility.
The construction of Calax is in full swing, with a focus on a 7.9-kilometer segment extending from the Silang Interchange to Governor’s Drive in General Trias, Cavite. This segment, crucial for easing traffic congestion and facilitating smoother travel, is a key component of the larger Calax project, which is expected to span 45 kilometers, encompassing eight interchanges and connecting with the Cavitex in Kawit by 2025.
MPT South’s President and General Manager, Raul Ignacio, has expressed confidence in the timely completion of the project, aiming to open the Governor’s Drive segment before the end of 2024. The ambition behind this timeline reflects MPT South’s dedication to enhancing the region’s infrastructure swiftly and efficiently. The Governor’s Drive segment, nearly 8 kilometers in length, is set to become the second-longest segment of Calax, further augmenting the expressway’s capacity to handle the burgeoning traffic demands.
MPT South’s infrastructure expansion is not just a series of construction projects; it represents a vision for a more connected, efficient, and economically vibrant region. By targeting the completion of these key projects by 2025, MPT South is poised to play a pivotal role in the region’s economic growth and development. The company’s investment in these infrastructure projects is a clear indication of its commitment to improving the quality of life for commuters and contributing to the nation’s progress.
As MPT South forges ahead with its ambitious infrastructure expansion plan, it sets a benchmark for other corporations in the sector, demonstrating how strategic investments in infrastructure can significantly contribute to a nation’s development. The completion of these projects will not only enhance the transportation network but also catalyze economic activities, thereby fostering a more prosperous and connected future for the region.
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