MPTC plans IPO by early 2026 to reduce P153B debt
Metro Pacific Tollways Corp. (MPTC) plans to raise funds through an initial public offering (IPO) by early 2026 to reduce its debt and complete ongoing projects.
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Cavite-Laguna Expressway
The Cavite-Laguna Expressway (CALAX) is an ongoing infrastructure project in the Philippines expected to be completed by Q3 2025, aiming to reduce travel time and ease congestion between Cavite and Laguna provinces. The expressway's completion is anticipated to lower food prices and benefit up to 95,000 motorists daily, with President Ferdinand Marcos Jr.'s endorsement highlighting its significance for the region's development.
This is an AI-generated summary based on recent coverage.
Last updated at April 1, 2025.
Recent stories about Cavite-Laguna Expressway
Marcos inspects CALAX construction in Cavite
President Ferdinand R. Marcos Jr. inspected the ongoing construction of the Cavite-Laguna Expressway (CALAX) Governor's Drive Interchange in Cavite on Friday.
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Marcos Jr. hosts job fair with 3,600 vacancies in Dasmari帽as
President Ferdinand Marcos Jr. reaffirmed his commitment to the Filipino people by delivering various services in Dasmari帽as, Cavite on Friday, March 21.
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Avida Land starts Tower 1 construction at Sentria Storeys Vermosa in Cavite
Avida Land has commenced construction on Tower 1 of Sentria Storeys Vermosa in Cavite, a mid-rise condominium set to complete by August 2028.
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MPCALA targets full CALAX opening by 2025, Governor's Drive Interchange 40% done
MPCALA Holdings, a unit of Metro Pacific Tollways Corp., remains committed to opening the full stretch of the Cavite-Laguna Expressway (CALAX) by 2025.
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SMC, MPTC waive tolls on Christmas Eve, New Year's Eve
San Miguel Corp (SMC) and Metro Pacific Tollways Corp (MPTC) have announced that they will waive toll fees on their respective expressways during Christmas Eve and New Year's Eve to ease holiday travel for motorists.
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MPTC, SMC near tollways merger finalization
Discussions for a mega-tollways merger between Metro Pacific Tollways Corp. (MPTC) and San Miguel Corp. (SMC) Tollways are expected to be finalized this month.
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CALAX on track for Q3 2025 completion, 64% done
The Cavite-Laguna Expressway (CALAX), a 44.57-kilometer stretch, is on track to be completed by the third quarter of next year, providing better connectivity within the CALABARZON region.
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MPTC data breach may have exposed up to 1 million Easytrip user records
The Metro Pacific Tollways Corp. (MPTC) confirmed on Saturday that a limited data breach may have compromised Easytrip user accounts used across several major tollways.
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Marcos highlights infrastructure progress in SONA
President Ferdinand Marcos Jr. highlighted progress in the government's infrastructure program during his third State of the Nation Address on Monday.
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