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Manila Bulletin devider Business devider Trade & Industry devider MPTC, SMC sign P72-B Cavite-Batangas expressway

MPTC, SMC sign P72-B Cavite-Batangas expressway

Published Aug 15, 2023 04:06 am

Metro Pacific Tollways Corporation (MPTC) and San Miguel Corporation (SMC) on Tuesday, Aug. 15, announced the signing of their deal to design, build and operate the 88-kilometer, P72-billion Cavite-Batangas Expressway (CBEX) and Nasugbu-Bauan Expressway (NBEX). 

The project will connect MPTC's Cavite-Laguna Expressway (CALAX) to Bauan, Batangas, benefiting millions of motorists and commuters in the CALABARZON region in four years' time.

MPTC and SMC will jointly undertake the construction, operation and maintenance of the 88-kilometer-long toll road projects. This will encompass two vital expressway. 

The first is the 27.06-kilometer CBEX that will establish a crucial link connecting CALAX’ Silang (Aguinaldo) Interchange to Nasugbu, Batangas.

The second is the 60.90-kilometer NBEX that will provide seamless connectivity from Nasugbu to Bauan, Batangas. 

The groundbreaking is scheduled for 2024 and CBEX and NBEX are expected to be completed and open to the public in 2027.

The route will traverse the townships of Silang, Amadeo, Tagaytay, Indang, Mendez, and Alfonso in Cavite before crossing into Nasugbu and finally reaching Bauan, Batangas. 

In 2018, MPTC presented a proposal for the 50.4-kilometer Cavite-Tagaytay-Batangas Expressway (CTBEX) project to the Department of Public Works and Highways and was granted the original proponent status. 

Similarly, SMC's unsolicited proposal for the CBEX and NBEX was approved by the Cavite and Batangas government. 

The goal of both projects was to connect the provinces of Cavite and Batangas through Tagaytay City.

“Our shared commitment to nation-building has led us to this historic collaboration," said SMC President and CEO Ramon S. Ang.

"Together, we aim to deliver world-class road networks that will serve as arteries of progress, growth and development for our country and the Filipino people," he added.

"Together with SMC, we envisage a future where our CBEX and NBEX can help pave the way for connectivity and economic growth in the CALABARZON region," remarked MPTC Chairman Manuel V. Pangilinan.

"We look forward to leveraging on our respective strengths for the realization of this vital infrastructure project,” he added   

 

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