Who will win the P15.5-billion Ninoy Aquino International Airport Expressway project? Will it be the Manila North Tollways Corp. (MNTC) or the Optimal Infrastructure Development Inc. (OIDI)?
The concessionaire for the Ninoy Aquino International Airport (Naia) stage 2 expressway will be known this week once the Department of Public Works and Highways (DPWH) opens the financial bids of the two firms vying for the deal.
Infrastructure holding firm Metro Pacific Investments Corp. has built up a war chest of P25 billion, which it is raring to invest in new acquisitions and the expansion of existing projects.
Manuel V. Pangilinan-led Manila North Tollways Corp. (MNTC) is set to start construction on the section of the North Luzon Expressway (NLEx) that will create a direct link to MacArthur Highway.
Forget Davos. One of the most sought-after speakers in the financial world has landed on local shores (a week after gracing the World Economic Forum in the famous Swiss ski resort) to give his prognosis on the local and global economies.
The year 2012 is claimed to be one of the best years ever for the Philippine economy, with the gross domestic product expected to surpass the government’s target of 5 to 6 percent and the stock market ending the year on its 38th record high, making it the second-best performing market in Asia behind Thailand.
The Court of Tax Appeals (CTA) dismissed the appeal by the Manila North Tollways Corporation that sought a P8.64-million tax refund it paid on behalf of one of its stockholders Egis Project SA (Egis), a sociedad anonima incorparted in France.
Manila North Tollways Corp. (MNTC) has earmarked $400 million for the development of three new sections of the North Luzon Expressway (NLEx).
The new sections to be located in various parts of Metro Manila will make NLEx, the country’s oldest toll road, more accessible to the 160,000 vehicles that use the road daily.
Manila North Tollways Corp. a subsidiary of Metro Pacific Tollways Corp., is set to undertake its next road project called NLEx C-5 Link, which will connect the North Luzon Expressway to the South Luzon Expressway via C-5, MNTC president Rodrigo E. Franco said.
A new section of North Luzon Expressway (NLEx) is set to open next month, benefiting thousands of motorists plying this vital artery, Manila North Tollways Corp. (MNTC) announced.
Manuel V. Pangilinan-led highway operator Manila North Tollways Corp. (MNTC) has tapped a P1-billion long-term loan from two of the country’s leading insurance companies.
Manila North Tollways Corp. (MNTC), operator of the North Luzon Expressway, is refinancing P2.3 billion worth of corporate notes in a bid to lower interest costs and increase profitability.
