Friday, December 30, 2016

MPIC unit to start Calax construction

A unit of Metro Pacific Investments Corp. plans to start the construction of the P34.5-billion Cavite-Laguna Expressway in the first quarter of 2017, ahead of the original schedule.
Based on MPCala Holdings Inc.’s project timeline, the construction of the Laguna segment of Calax is scheduled in the first quarter of 2017, earlier than the original target of July next year.
Construction of the rest of the project sections will start by the third quarter of 2017.
MPCala tapped DMCI Consunj Inc. to construct the Laguna side of the project, while Leighton Holdings of Australia will build the Cavite side.
Construction is expected to be completed by 2019, also earlier than the original target of 2020, while operations and maintenance would be from 2020 to 2050.
Calax, one of the largest public-private partnership projects, involves the financing, design, construction, operation and maintenance of a four-lane, 47-kilometer closed-system toll expressway connecting Cavitex and South Luzon Expressway.
The P34.5-billion expressway will start from Cavitex in Kawit, Cavite and end at the SLEx-Mamplasan Interchange in BiƱan, Laguna.

No comments:

Post a Comment