With just a few months left, and with the election season entering full swing, it’s hard to say if a tollroad rate increase will be implemented before President Aquino’s term ends. What’s certain, though, is that the…
MANILA North Tollways Corp., a unit of infrastructure giant Metro Pacific Investments Corp., said it had sealed a fresh P5-billion loan agreement to fund expansion projects and refinance existing debt. The company, which operates North Luzon Expressway…
SUBIC BAY FREEPORT—The North Luzon Expressway (NLEx) and Subic-Clark-Tarlac Expressway (SCTEx) will be integrated before the Holy Week in March, in time for the summer holiday exodus, their operators said. The Manila North Tollways Corp. (MNTC) said…
The Naia Expressway toll road, one of the government’s big-ticket public private partnership deals, will not be available for use by visiting foreign dignitaries during the Asia Pacific Economic Cooperation (Apec) Leaders’ Summit in November, its contractor…
Promises, promises—and our venerated BCDA made many of those. It promised just recently for instance that, for once, it would do something good for the country: It would finally turn over the operations of the 94-kilometer toll…
A deal’s a deal. Or is it? EVERYONE who has ever driven to Batangas from Metro Manila knows how important the Southern Tagalog Arterial Road (STAR) is for motorists to reach the south of Luzon in the…
It was to be a showcase project of the Aquino administration that would be completed in time for the Asia-Pacific Economic Cooperation (Apec) Summit later this year. But word on the street is that the P15.8-billion Naia…
It is no secret: The Philippines has one of the weakest infrastructure ecosystems among the six largest economies in the region. According to the World Economic Forum’s Global Competitiveness Report published last year, the Philippines ranked 98…
TO EASE heavy traffic congestion from between 5 p.m. and 8 p.m. on weekdays at the southbound Bicutan and Sucat at-grade sections, Skyway operator Skyway O&M Corp. (Somco) opened alternative exits along West Service Road under the…
MANUEL V. Pangilinan-led Metro Pacific Investments Corp. (MPIC) is set to bag the 45.5-kilometer Cavite-Laguna Expressway (Calax) deal after submitting a surprise aggressive offer in a rebidding exercise for the public-private partnership (PPP) project that edged out…
