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NEDA approval for CTBEX seen early 2020

The Department of Public Works and Highways is hopeful the P22.4 billion Cavite-Tagaytay-Batangas Expressway project by Metro Pacific Tollways Corp. (MPTC) will get cleared by the National Economic and Development Authority board in the first quarter of 2020.

The Department of Public Works and Highways is hopeful the P22.4 billion Cavite-Tagaytay-Batangas Expressway project by Metro Pacific Tollways Corp. (MPTC) will get cleared by the National Economic and Development Authority board in the first quarter of 2020.

“There’s no guarantee but I think we can get it in the first quarter next year,” Public Works Secretary Mark Villar said.

MPTC secured original proponent status for CTBEX, a 50.4 kilometer expressway that will connect Cavite with a spur road to Tagaytay City. The tollroad will terminate in Nasugbu, Batangas.

The project is seen to decongest about 23,000 vehicles daily from existing thoroughfares.

MPCALA Holdings, a subsidiary of MPTC, is also constructing the P35-billion Cavite-Laguna Expressway―a four-lane, 47-kilometer closed-system toll expressway connecting Cavitex and South Luzon Expressway.

The expressway will start from Cavitex in Kawit, Cavite and end at SLEX-Mamplasan Interchange in Biñan, Laguna.

MPTC operates the North Luzon Expressway, Subic-Tarlac Expressway, and Manila-Cavite Toll Expressway.

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