MPTC allocates P35B for capex, P14B for MPT South, P11B for NLEX

Metro Pacific Tollways Corp. (MPTC) has allocated P35 billion for its capital expenditure budget this year to fund projects of its subsidiaries.

The allocation will primarily support NLEX Corp. and MPT South Management Corp., with one-third each dedicated to these entities, while the remaining third is for other projects.

In 2024, MPIC allocated P140 billion in total capex budget, including P28 billion for MPTC.

MPT South plans to spend P14 billion of its capex budget this year on key projects expected to be completed by the end of 2025.

NLEX Corp. recently commenced construction on the P2.2-billion NLEX-C5 Northlink Section 1A, which is set for completion in Q1 2026.

MPT South anticipates a 32.6% increase in average daily vehicle count to 344,514 by year-end and expects its total road network to reach 67 kilometers upon the completion of several projects.