A unit of Metro Pacific Tollways Corp. said capital expenditures this year will reach P1.7 billion to expand the Manila-Cavite Expressway.
“Cavitex’s capex this year is about P1.7 billon for C5 South Link’s work on the flyover and a number of Enhancement Works (Lane Widening for R1 Expressway, SN flyover near Pacific Drive and C5 Access Entry Lane),” Cavitex Infrastructure Corp. president Luigi Bautista said.
Cavitex has tapped FF Cruz Construction Inc. to build the first phase of the Cavitex C5 South Link.
The first phase of Cavitex C5 South Link will connect C5 and Merville, Parañaque by way of a flyover.
The second phase will link Merville and Cavite and would cost P9.5 billion.
Cavitex C5 South Link will allow residents from Cavite, Las Piñas and parts of Parañaque to avoid Edsa and take a direct link to and from C5 to Cavitex.
Bautista said the new expressway, which was expected to be completed in 2019, would add 40,000 to 45,000 vehicle traffic per day, on top of the 130,000 vehicles currently using Cavitex.
C5 South Link will ultimately connect with R1 Expressway (Coastal Road) and provide fast, safe and convenient travel for motorists going to and from Parañaque, Las Piñas and Cavite and for Parañaque residents in Multinational, Moonwalk and Merville villages.
Bautista said the new expressway will not only decongest the Parañaque villages, but will also provide easier travel from Taguig, Makati, Pasay, Pasig, Quezon City and other northern areas to Manila, Las Piñas and Cavite province.
It will also provide relief for vehicles using the congested Edsa and C5 Road arteries of the metropolis.
When completed, the expressway will provide a seamless connection to Cavitex road network and to Cavite-Laguna Expressway slated for completion in 2020.
The new C5 Link is envisioned to spur further economic development in Parañaque and in Cavite and Laguna provinces by providing a safe and convenient link from the central and northern parts of Metro Manila to the high-growth industrial and residential centers in Southern Tagalog.
MPTC also operates the North Luzon Expressway and Subic-Clark-Tarlac Expressway.
MPTC won the bid for the 45-kilometer Cavite-Laguna Expressway and is set to implement the Cebu-Cordova bridge project that will provide a convenient third bridge from Mactan island to Cebu City.
