R1ext - Manila-Cavite Expressway (Coastal Road)

[niknok]

[niknok]

[1100]

Pinagamit na yung innerlane ng southbound na dating inaaspaltuhan.

[fall_17]

Open na ngayon ang Eleveted Inner Lane ng Coastal road (South Bound) It means gagawin na rin elevated yung natitira sa south bound, ayos, mukhang mabilis ang construction dito..

[johnalex88]

Good post. It is really help to us. Its give us lots of interest and pleasure. Its opportunity are so fantastic and working style so speedy. Its really a good article. It gives me lots of pleasure and interest.

[jpdm]

Originally Posted by fall_17

Open na ngayon ang Eleveted Inner Lane ng Coastal road (South Bound) It means gagawin na rin elevated yung natitira sa south bound, ayos, mukhang mabilis ang construction dito..

Good news!

[1100]

Ayos na rin yung outer lane.

[cram080888]

Tapos na ung outer lane ng southbound, ung outer lane naman ng northbound ginagawa na din may tambak na ng lupa. mukang bumibilis na ang gawa dito. kaso ung sa may longos pag baba ng flyover wala pa din nag babago.

[niknok]

Ang latest target is mid December 2012 daw matapos yan.
St. Dominic area concrete re-blocking is causing traffic at coastal road.

[jpdm]

Medyo malaki na rin improvement ng Coasta Road lalo sa may talaba pero masama pa rin ang daan...

[jpdm]

Will this new investment from Metro-Pacific result to a better CAVITEX?

MPIC to invest P6.8 B in Cavitex Holdings


By Zinnia B. Dela Peña
(The Philippine Star)
Updated December 28, 2012

MANILA, Philippines - Metro Pacific Investments Corp. (MPIC) is investing P6.77 billion in Cavitex Holdings Inc., which owns the coastal road linking Metro Manila to Cavite province, in the form of convertible notes.

In a disclosure to the Philippine Stock Exchange, MPIC said it signed a financing and cooperation agreement with Cavitex that will involve the issuance by the Manila-Cavite toll expressway operator of convertible bonds to Metro Pacific Tollways Corp. (MPTC).

The bonds are convertible into new, non-voting redeemable convertible preference shares or common shares of Cavitex subject to certain approvals and conditions.

Cavitex is a 14-kilometer toll road built in two segments running from Cavite to Laguna and currently hosts 90,000 vehicle entries a day.

The concession for this road extends to 2033 for the originally built road and to 2046 for a subsequent extension.

Under the cooperation agreement, MPTC will provide management assistance to Cavitex beginning Jan. 2, 2013.

Business ( Article MRec ), pagematch: 1, sectionmatch: 1


Cavitex said MPTC will be able to use its expertise in operating the 84-kilometer North Luzon Expressway to improve the services that Cavitex currently provides to the riding public and the fast- growing population of Cavite.

“I am pleased that through our agreements, MPTC will be able to assist in the future development of Cavitex and possibly adjoining roads in this rapidly growing part of Metro Manila,” Manuel V. Pangilinan, chairman of MPIC and MPTC, said.

MPIC president and chief executive officer Jose Ma. K. Lim, for his part, said: “This is another step in our long signaled determination to further expand and develop Metro Manila’s toll roads.”

Ramoncito S. Fernandez, chief executive officer of MPTC, said they are looking forward to delivering to motorists on the Cavitex the same standard of customer service and excellence that MPTC already provides on the NLEX and the SCTEX.

For next year, MPTC will allot between P2.5 billion and P3 billion for capital expenditures, majority of which will go to the construction of a 2.1-km segment of the NLEX from Cloverleaf to McArthur Highway in Valenzuela. This will be a four-lane highway with an interchange and two vehicular overpasses.

source: http://www.google.com.ph/url?sa=t&rc...MtpL1HYlVKPELw

[niknok]

http://business.inquirer.net/113547/...xpansion-plans

"He said concessionaires would be allowed to recover the cost of the expansion projects through toll collections.

There are currently six separate applications for fee adjustments at privately run toll roads pending with the TRB. If all were to be approved, fees for motorists at the NLEx, SLEx, Cavitex, the Metro Manila Skyway, the Subic-Clark-Tarlac Expressway (SCTEx) and the Southern Tagalog Arterial Road (Star) toll would go up.

The TRB is currently reviewing the applications, some of which have been pending for more than a year, Reyes said. "

===============
Traffic Volume is already moderate for Cavitex.

TRB should publish the toll roads actual volume, how much it is earning.

Publish also the public hearing scheds, how much is the petition filed. At present, Class 1 is already paying P 64.00.