Wednesday, June 8, 2011

MetroPac firms up plans for Cebu expressway, Clark airport

NEIL JEROME C. MORALES
BusinessWorld

METRO PACIFIC Investments Corp. (MPIC) is firming up plans to build a toll road in Cebu and operate an airport in Clark with the projects’ feasibility studies expected to be completed by the second half of the year, officials said.
“Hopefully before the year ends, we can come up with the [results of a Cebu toll road] study,” Ramoncito S. Fernandez, president of MPIC unit Metro Pacific Tollways Corp., told BusinessWorld in a chance interview.

Metro Pacific Tollways has also reported plans to spend P25 billion for three big-ticket projects in the next four years. Segment 9 -- the four-lane, 2.42-kilometer (km.) stretch -- is eyed to connect NLEx to MacArthur Highway in Valenzuela City while the two-lane, 5.65-km.

Segment 10 is planned to run through MacArthur Highway to Radial Road R-10. These come on top of the 13.2-km. connector road that will link NLEx at C-3 Road to Skyway 1 along South Luzon Expressway in Makati.

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