THE METRO Pacific Tollways group said it will not give up its OPS for its unsolicited proposal to construct the 50.43-kilometer CTBEX despite San Miguel Holdings Corp.’s Cavite-Batangas Expressway (CBEX) overlapping with the project.
The group will not participate as a challenger in the Swiss challenge process for the CBEX unsolicited proposal submitted by San Miguel Holdings to the provincial government of Cavite, said Metro Pacific Tollways Corp. President and Chief Executive Officer Rodrigo E. Franco recently.BusinessWorldMr. Franco noted that the alignment of CBEX overlaps with the group’s proposed P25.24-billion CTBEX, which is expected to provide linkage between Metro Manila-Cavite and Batangas.
CBEX is planned to have three access or interchange points. These are in Silang, Cavite; Tagaytay; and Nasugbu/Alfonso. “This project aims to provide a free-flowing, high-facility alternative route for traffic presently plying Aguinaldo Highway and Sta. Rosa-Tagaytay Road, which are experiencing congestion during peak periods and weekends,” the DPWH said on its website.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
San Miguel averts disaster, holds off late Phoenix rally to boost playoff bidSan Miguel halts a two-game skid as Phoenix falls short of its last-ditch comeback.
Read more »
24-hour water interruptions in San Juan, Mandaluyong, QC due to San Juan Reservoir maintenance opsManila Water announced there will be water service interruptions lasting for up to 24 hours on Monday, Nov. 21, to Tuesday, Nov. 22, in parts of San Juan City, Mandaluyong City, and Quezon City due to maintenance activities at the San Juan Reservoir.
Read more »
Jazul takes blame for taking rushed triple as Phoenix skid continues: 'My fault'RJ Jazul says he will be better next time after missing a contested three-pointer as Phoenix falls to San Miguel for its third straight defeat.
Read more »
Letran clinches twice-to-beat playoff; San Beda denies JRU upsetThe NCAA title three-peat-seeking Letran Knights easily dispatch Season 97 finals foe Mapua Cardinals to move closer to a twice-to-beat berth as the San Beda Red Lions also catch up to the top.
Read more »
San Juan City and Gumaca, Quezon ink sisterhood agreementThe city of San Juan has found another sister city in Gumaca, Quezon after the two localities pledged to share with one another their respective knowledges and best practices for the benefit of their constituents.
Read more »
Barangay Ginebra clinches playoffs berth at expense of TNTBarangay Ginebra San Miguel officially advanced to the next round of the 2022 PBA Commissioner’s Cup after beating the TNT Tropang Giga, 89-85, on Sunday at the Smart Araneta Coliseum.
Read more »