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Toll firms told to submit road expansion plans

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Traffic conditions at three major toll roads north and south of Metro Manila could turn from bad to worse if no major road expansion efforts were to be completed by 2018. INQUIRER FILE PHOTO

Traffic conditions at three major toll roads north and south of Metro Manila could turn from bad to worse if no major road expansion efforts were to be completed by 2018.

Posted: March 21st, 2013 in Editor's Pick,Headlines | Read More »

Metro Pacific invests P6.77B in Cavitex

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The Metro Pacific group of businessman Manuel V. Pangilinan has expanded its Philippine tollroad portfolio with a P6.77-billion investment in the holding firm that controls the 14-kilometer Manila-Cavite Toll Expressway (Cavitex).

Posted: December 27th, 2012 in Headlines | Read More »

MVP unit in P6.8B Coastal Road deal

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This photo taken on Nov. 6, 2012, shows a portion of the Coastal Road being widened and improved. Businessman Manuel V. Pangilinan is set to make a significant improvement in the holding firm that owns the Coastal Road, a move that may give him control of the toll highway. RICK ALBERTO

Businessman Manuel V. Pangilinan is set to make a significant investment in the holding firm that owns the Coastal Road project connecting Metro Manila with the province of Cavite—a move that may eventually give the telecommunications tycoon control of the toll highway.

Posted: December 21st, 2012 in Editor's Pick,Headlines | Read More »

Coastal Road to improve revenues in ’12

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UEM Mara Philippines Corp.—the operator of the Cavite Toll Expressway Project (Cavitex)—is confident that its continuing development of the road would lead to higher traffic volumes and revenues, allowing the company to meet financial obligations amounting to billions of pesos.

Posted: November 28th, 2011 in Headlines | Read More »

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