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MPTC eyes P35B for projects this year
Metro Pacific Tollways Corp. (MPTC) is allocating P35 billion for its capital expenditure this year, primarily for projects of its subsidiaries NLEX Corp. and MPT South.
NLEX Corp. has commenced the P2.2 billion construction of the first segment of the NLEX-C5 Northlink project, which is expected to be completed by the first quarter of 2026.
MPTC will also undertake a road widening project on the San Fernando section of NLEX to add three lanes in each direction.
MPTC subsidiary MPCALA Holdings Inc. is committed to completing the entire alignment of the Cavite-Laguna Expressway (CALAX) within the current year.
MPT South Management Corp. expects a 32.6% increase in its average daily vehicle count for 2025, reaching 344,514.
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NLEX Corp. has commenced construction on the P2.2-billion NLEX-C5 Northlink Section 1A, a two-kilometer elevated expressway connecting the Mindanao Toll Plaza to Quirino Highway in Quezon City.
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Metro Pacific Investments Corporation (MPIC) is increasing its capital expenditures by 15 percent to P116.15 billion in 2025 to support business operations and expansion.
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