News and Updates

VILLAR: CAVITEX ENHANCEMENTS NEARING COMPLETION

VILLAR: CAVITEX ENHANCEMENTS NEARING COMPLETION
Members of the DPWH, headed by Secretary Mark Villar, inspect the Manila-Cavite Expressway’s (Cavitex) ongoing construction of a flyover on the southbound lane, and road widening on both directions of the expressway. “Cavitex, being the gateway to the Cavite, Laguna and Batangas provinces, responds to the challenges of progress. More cars pass Cavitex year on year, a sign that Region 4A continues to boom, and is likely to become a highly-progressive and viable area for more investments. These enhancement projects will reduce travel time in Cavitex by around 15 to 20 minutes,” said Secretary Villar. Cavitex Infrastructure Corporation (CIC) is investing a total of Php 700M on the Cavitex enhancement project which aims to ease traffic in the area, and to respond to the traffic congestion being experienced by motorists. The decongestion strategy of CIC comes in two phases, phase one of which is about Php 400M and will fund the road widening from MIAA to Zapote and the Southbound Flyover on the intersection of Pacific Ave. The second phase, worth about Php 300M, consists of the bridge widening at the Wawa, Las PIñas area. ”This project started late last year and is targeted to finish by end of July or early August 2018. The widening consists of one lane per direction and this is coupled with the construction of an elevated south-bound bridge structure at the corner of Pacific Drive, which will greatly ease traffic as this area is presently being managed through a stop-and-go traffic light signalization system that affects the throughput of vehicles,” said J. Luigi L. Bautista, President and CEO of Cavite Infrastructure Corporation. “About 140,000 cars pass Cavitex at different periods of the day, and we would like each one of them to have a good experience to take with them after passing our expressway,” further said Bautista. The Cavitex is the start of a road network being expanded by the Metro Pacific Tollways South, a subsidiary of the Metro Pacific Tollways Corporation. It will connect to the 45KM Cavite-Laguna Expressway until Mamplasan, Biñan, Laguna, giving more travel options to motorists.

Readmore . . . http://www.dpwh.gov.ph

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METRO PACIFIC PURSUES OPS FOR CAVITE-BATANGAS EXPRESSWAY

METRO PACIFIC PURSUES OPS FOR CAVITE-BATANGAS EXPRESSWAY
MPCala Holdings Inc., a branch of Metro Pacific Investments Corp., said it is confident it will achieve the original proponent status (OPS) for the P22.43-billion Cavite-Batangas Expressway next month.

“We are hopeful that the OPS will be issued soon,” MPCala Holdings president and chief executive Luigi Bautista stated Thursday.

The Public Works Department said the OPS letter for CTBex was set to be signed by Secretary Mark Villar.

CTBex is a proposed 49-kilometer expressway that will attach Cavite and Batangas, with a spur highway to Tagaytay City and ultimately ending in Nasugbu, with another spur road to Tuy, Batangas.

Bautista told the CTBex project was anticipated to start construction by the first quarter of 2019.

Once finished, the scheme would cut travel time from Sta. Rosa, Laguna to Nasugbu, Batangas from 2.5 hours to just an hour. The project was planned to be built by the first half of 2022.

CTBex will begin at Silang East Interchange of Cavite-Laguna Expressway. The alignment will cross the towns of Silang, Amadeo, Mendez, Alfonso, and Tagaytay in Cavite and Nasugbu in Batangas.

Readmore . . . http://gocavite.com

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HAPPY MOTHERS DAY!

HAPPY MOTHERS DAY!
A mother’s love can be compared to a tree. Strong, nurturing, and forever giving. Happy Mother’s Day to our beloved moms who continue to fill the world with love and joy.

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METRO PACIFIC UNIT TO BORROW P36 BILLION FOR 2 NEW TOLL ROADS

METRO PACIFIC UNIT TO BORROW P36 BILLION FOR 2 NEW TOLL ROADS
MANILA, Philippines – Metro Pacific Tollways Corporation, the tollways unit of Metro Pacific Investments Corporation (MPIC), plans to borrow P36 billion to partly finance the construction of two new toll roads in the Philippines: the Cavite-Laguna Expressway (CALAX) and the C5 South Link Expressway.

Christopher Lizo, chief finance officer at Metro Pacific Tollways, said the firm is set to borrow P25 billion for CALAX and P11 billion for the C5 South Link.

“It is ongoing for C5 and CALAX. We expect to have financial closure by 1st quarter of 2018,” Lizo had told reporters in an interview.

CALAX is the planned 44.6-kilometer, 4-lane toll road between the Cavite Expressway in Kawit, Cavite and the South Luzon Expressway (SLEX)-Mamplasan Interchange in Biñan, Laguna.

Lizo had said Australia’s Leighton Holdings would build the Cavite side of CALAX, while DM Consunji Incorporated is in charge of the Laguna side.

On top of the project’s P35.42-billion construction cost, Metro Pacific Tollways unit MPCALA Holdings Incorporated paid the government a premium bid of P27.3 billion to win the infrastructure project.

MPCALA will operate and maintain CALAX for 35 years. After that, the operations and maintenance of the expressway will be in the government’s hands.

Aside from CALAX, Metro Pacific’s 7.7-kilometer, 6-lane C5 South Link deal is also in full swing.

The C5 South Link is seen to connect C5 Road to the Manila-Cavite Expressway (Cavitex).

Around 45,000 vehicles are expected to benefit from the C5 South Link project, decongesting EDSA when it starts commercial operations in 2019.

Other than CALAX and the C5 South Link, Metro Pacific Tollways is about to start building the Cebu-Cordova Link Expressway.

Its North Luzon Expressway (NLEX)-SLEX connector road from C3 in Caloocan City to Sta Mesa in Manila is also set to start construction this year.

Metro Pacific Tollways operates the NLEX, Subic-Clark-Tarlac Expressway (SCTEX), and Cavitex.

Readmore . . . www.rappler.com

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RAINY DAY TIPS!

RAINY DAY TIPS!
The rainy season is upon us! Ensure that your home is ready for it. Read on to find out tips on how best to prepare for it!

  • Inspect the roof and ensure that damages and loose portions are fixed and well secured.
  • Clean and repair gutters so that water flow is continuous.
  • Observe ceilings and walls for leaks and make sure that you put a reliable sealant to avoid destroying your furniture and things.
  • Make sure your doors and windows are secure and are working properly.
  • Trim trees or cut bushes next to your house that may hit your that may hit your house when winds are strong.
  • Check street drains around your area for clogs and call maintenance for assistance.
  • Prepare a first-aid kit and ample supply of medicines, food and clothing during heavy typhoons.

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    SOBRANG CLOSE NG FAMILY KO! CARMONA ESTATES

    SOBRANG CLOSE NG FAMILY KO! CARMONA ESTATES
    Carmona Estates, an 87-hectare development located in Barangay Lantic, Carmona, Cavite, is an ideal location for you and your family. Our house models provide well-thought out living spaces that are functional and comfortable, while providing you with amenities, best for spending more time together. It also boasts of mounting community-building activities providing more reasons for homeowners to be happy and satisfied.

    sobrang-close-ng-family-ko-sa-clubhouse

    Sobrang Close ng Family ko sa Clubhouse!

    sobrang-close-ng-family-ko-sa-park

    Sobrang Close ng Family ko sa Park!

    sobrang-close-ng-family-ko-sa-school

    Sobrang Close ng Family ko sa School!

    sobrang-close-ng-family-ko-sa-playground

    Sobrang Close ng Family ko sa Playground!

    sobrang-close-ng-family-ko-sa-church

    Sobrang Close ng Family ko sa Church

    sobrang-close-ng-family-ko-sa-basketball-court

    Sobrang Close ng Family ko sa Basketball Court

    sobrang-close-ng-family-ko-sa-commercial-area

    Sobrang Close ng Family ko sa Commercial Area

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    CAVITE – LAGUNA EXPRESSWAY

    CAVITE – LAGUNA EXPRESSWAY
    The road construction project from Tirona Highway to the end of Greenfield near Mamplasan Exit, Laguna will be closely monitored so that by 2020, our travel time from CAVITEX to SLEX will be reduced to only 45 minutes.



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    CALAX LAGUNA SEGMENT BREAKS GROUND

    CALAX LAGUNA SEGMENT BREAKS GROUND
    Public Works and Highways Secretary Mark Villar, Metro Pacific Investment Corp. chairman Manuel V. Pangilinan, Transportation Secretary Arthur Tugade and Budget Secretary Benjamin Diokno lead the groundbreaking for the 18-kilometer Laguna segment of the Cavite-Laguna Expressway project in Sta. Rosa, Laguna

    Metro Pacific Investments Corp. subsidiary MPCALA Holdings Inc., which broke ground for the Cavite-Laguna Expressway (Calax) yesterday, expects to seal before the end of the month the P23.6 billion loan agreement with banks to fund the construction of the project.

    “We should be closing the deal this month,” MPCALA Holdings president and chief executive officer Luigi Bautista told reporters during the groundbreaking ceremony.

    Bautista said the groundbreaking marks the start of the construction work for the 18-kilometer (km) Laguna segment of the Calax.

    Last March, MPCALA Holdings signed the contract with DM Consunji Inc. for the construction of the Laguna segment.

    Bautista said MPCALA Holdings expects to sign the contract for the construction of the Cavite segment of Calax with Leighton of Australia before the end of this month.

    He said MPCALA Holdings hopes to start construction for the Cavite section in September.

    “We expect to complete the construction and start commercial operation of the toll road within the third to fourth quarters of 2020,” Bautista said.

    The whole Calax project, which will have eight interchanges and one main toll barrier, is expected to reduce travel time from Cavitex to SLEX by 45 minutes.

    “The road construction project from Tirona Highway to the end of Greenfield near Mamplasan Exit in Laguna will be closely monitored so that by 2020, our travel time from Cavitex to SLEX will be reduced to only 45 minutes,” Public Works Secretary Mark Villar said.

    The project is part of the 45-kilometer closed system modern tolled expressway awarded by the Department of Public Works and Highways to private concessionaire MPCALA Holdings Inc. of the Metro Pacific Group which won the competitive bidding under the government’s public private partnership program.

    “Calax will be one of the most advanced highway in the Philippines. It expected to ease traffic congestion along Governor’s Drive, Aguinaldo Highway and Santa Rosa Tagaytay Road,” Villar said.

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    LRT1 CAVITE EXTENSIONS GROUNDBREAKING CEREMONY

    LRT1 CAVITE EXTENSIONS GROUNDBREAKING CEREMONY
    The Light Rail Manila Corporation (LRMC), the contracted operator of LRT 1, held its groundbreaking ceremony for LRT 1 Cavite Extension Project on Thursday to officially begin its construction.

    The ceremony was led by Transportation Secretary Arthur Tugade, Public Works and Highways secretary Mark Villar, Ayala CEO Jaime Augusto Zobel de Ayala, and Metro Pacific CEO Jose Lim, and Sen. Cynthia Villar.

    According to Light Rail Manila President and CEO Rogelio Singson, the P64.9-billion project of the Light Rail Transit Line 1 (LRT1) extension from Baclaran to Bacoor, Cavite is eyed to be completed on October 2021. On its opening year, the railway line is anticipated to accommodate 410,000 passengers a day.

    This Private-Public Partnership (PPP) was bagged by LRC, a conglomerate of Ayala Corporation and Metro Pacific Investments Corporation (MPIC) last February 2016. According to PPP Center, the private partner will assume the design, construction, financing, operation, maintenance of the integrated system upon completion of the project as well as undertake forthcoming system maintenance, upgrades and permitted commercial development.

    LRMC stated that the Cavite extension project will cover 8 stations for its initial operations, namely Aseana Station, MIA Station, Asiaworld Station, Ninoy Aquino Station, Dr. Santos Station, Las Pinas Station, Zapote Station and Niog Station.

    Readmore . . . www.gocavite.com

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