Cavitex Infrastructure Corp., a unit of Metro Pacific Tollways Corp. which operates the 14-kilometer Manila-Cavite Expressway, plans to build another toll road from Kawit to Rosario at a cost of P30 billion.
“We got a no objection already from the DPWH [Department of Public Works and Highways]. We are now preparing the business case and investment proposal and then we will submit it within the year to TRB [Toll Regulatory Board],” Cavitex president Luigi Bautista said.
The proposal involves Segment 5 of Cavitex, a 7.6-kilometer road that will link Kawit to Noveleta and to Rosario. “The expressway is a combination of coast way and viaduct,” Bautista said.
The company earlier allocated P1.7 billion in capital expenditures 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],” Bautista said.
Cavitex tapped FF Cruz Construction Inc. to construct 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 at a cost of 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 Paranaque residents in Multinational, Moonwalk and Merville villages.
Bautista said the new expressway would not only decongest the Parañaque villages, but would 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.