Monday 22 October
Powered by Ajaxy
May 24, 2018 @ 18:40

MPIC eyes original proponent status for Cavite-Batangas expressway by June


Metro Pacific Investments Corp is confident about obtaining original proponent status for its planned P22.4 billion Cavite-Batangas Expressway by next month.

According to the Department of Public Works and Highways, construction of the project is expected to start in the first quarter of 2019 with completion targeted in the first half of 2022.

CTBex is a 49-kilometer expressway that will connect Cavite and Batangas, with a spur road to Tagaytay City and ultimately terminating in Nasugbu, with another spur road to Tuy, Batangas.

Once completed, the project will cut travel time from Sta. Rosa, Laguna to Nasugbu, Batangas from 2.5 hours to just an hour.

Please follow and like us:

Tags: , ,

Related Stories
MPCala Holdings Inc. hopes to start construction of the P22.43 billion Cavite-Batangas Expressway by third
Construction of the P22.43 billion Cavite-Batangas Expressway project is targeted to commence by the first
The unsolicited proposal of a consortium led by the family of taipan Henry Sy Sr.
The regulatory office of the Metropolitan Waterworks and Sewerage System slashed by nearly 50 percent


Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.