MPT South, a subsidiary of Metro Pacific Tollways Corp. (MPTC), increased its 2025 capital expenditures (capex) by 75 percent to fund the construction and upkeep of expressways.
The company earmarked P14 billion for 2025 capex, a significant increase from P8 billion allocated this year.
MPT South president and general manager Raul Ignacio told reporters in a briefing the company would use the capex to fund the completion of several key segments of the Cavite-Laguna Expressway (CALAX) and CAVITEX C5 Link.
These segments include the CALAX Governor’s Drive Interchange, Open Canal Interchange and Kawit Interchange as well as the C5 Link Segment 3B, which will connect the Sucat Interchange to the C5 Link Flyover Extension, spanning from SLEX-Taguig to E. Rodriguez in C5.
The CAVITEX-CALAX Link, currently under construction, will integrate these two major toll roads, creating a more seamless connection for motorists.
These projects are slated for commercial operations before the end of 2025, bringing MPT South’s total road network to 67 km.
“Despite the challenges we face in construction, such as the timely delivery of right-of-way and the recent typhoons, we are working around the clock to ensure the delivery of these vital infrastructure projects for the benefit of progress by the end of 2025,” Ignacio said.
“We’re quite confident of meeting the target within 2025. The ROW is actually moving,” he said.
Ignacio said that once completed, the company’s expressway network will provide a more seamless travel experience for over 340,000 motorists, a 30-percent increase from existing daily traffic and help spur economic growth in both regions.
MPT South’s expressway network is expected to boost regional economic growth by facilitating quicker, more efficient movement of goods and services between key industrial and commercial hubs.
The shortened travel time will provide additional benefits such as reduced fuel consumption and lower vehicle emissions, contributing to nation-building and improving the quality of life for Filipinos.
MPTC also holds concession rights for North Luzon Expressway (NLEX), Subic-Clark Tarlac Expressway (SCTEX), NLEX Connector Road, and Cebu-Cordova Link Expressway (CCLEX) in Cebu in addition to CAVITEX and CALAX.
