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MNTC offers retail bonds to raise funds for NLEX project

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North Luzon Expressway. INQUIRER FILE PHOTO

North Luzon Expressway Manila North Tollways Corp. debuted on the local bond market on Wednesday with a retail bond offering of up to P7 billion, making history as the first unlisted local company to tap the local bond market.

Posted: March 19th, 2014 in Latest Business Stories | Read More »

Common toll plaza mulled for SCTEx, TPLEx

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THE SUBIC-CLARK-TARLAC Expressway INQUIRER FILE PHOTO

The state-run Bases Conversion Development Authority and the Private Infra Dev Corp. have agreed to interconnect the Subic-Clark-Tarlac Expressway (SCTEx) and the Tarlac-Pangasinan-La Union Expressway (TPLEx) by installing a common toll plaza to make their use more convenient for motorists.

Posted: March 7th, 2014 in Latest Business Stories | Read More »

Skyway Stage 3 to cut Buendia-Balintawak travel to 15 minutes

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skyway_aquino-kristine

The launch of the first of two private sector-led elevated expressways linking northern and southern Metro Manila was held on Wednesday, marking the formal start of a major infrastructure project aimed at easing traffic jams in the metropolis.

Posted: January 22nd, 2014 in Latest Business Stories | Read More »

3rd stage of M. Manila skyway project to start in April

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A company led by conglomerate San Miguel Corp. and Indonesia’s Citra Group have set for Wednesday the groundbreaking for its northern and southern connector road expressway, dubbed Metro Manila Skyway Stage 3.

Posted: January 22nd, 2014 in Editor's Pick,Headlines | Read More »

MVP group jacks up stake in NLEx operator

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The group of businessman Manuel V. Pangilinan has increased its stake in the company operating North Luzon Expressway after buying portion of France-based Egis Projects SA’s holdings, a filing to the stock exchange showed on Monday.

Posted: January 14th, 2014 in Headlines | Read More »

Gov’t asked to approve connector tollroad plan

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North Luzon Expressway operator Metro Pacific Tollways Corp. wants to start a major elevated connector tollroad for Metro Manila by the third quarter of the year to meet a commitment to finish the project before President Aquino steps down in 2016, a company official said.   The deal, which requires the final approval from the [...]

Posted: January 12th, 2014 in Editor's Pick,Headlines | Read More »

Ayala, SLEx operator seen signing road link deal soon

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Conglomerate Ayala Corp. may soon seal an agreement with the operator of South Luzon Expressway (SLEx) for a planned road linkage with Ayala’s four-kilometer Daang Hari tollroad project in southern Metro Manila, which is slated to open by the fourth quarter of 2014.

Posted: December 12th, 2013 in Headlines | Read More »

Local road sector gets boost from Jica, WB

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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

The Japan International Cooperation Agency (Jica) and the World Bank (WB) have teamed up with the Department of Public Works and Highways (DPWH) to push for road sector reforms in the Philippines.

Posted: November 22nd, 2013 in Latest Business Stories | Read More »

Connector road still ‘doable’ by ’16

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ramoncito-fernandez-1122

Metro Pacific Tollways Corp., the toll-road arm of Metro Pacific Investments Corp., submitted its formal proposal detailing the implementation structure for a P23-billion “connector-road” aimed at linking the company’s North Luzon Expressway (NLEx) to the South Luzon Expressway (SLEx).

Posted: November 22nd, 2013 in Latest Business Stories | Read More »

P2.3T transport infra plan proposed

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The Philippine government needs to invest some P2.3 trillion—or roughly $57.3 billion—from 2014 to 2030, to improve and overhaul the transport infrastructure in Metro Manila and its surrounding regions, according to the Japan International Cooperation Agency. INQUIRER FILE PHOTO

The Philippine government needs to invest some P2.3 trillion—or roughly $57.3 billion—from 2014 to 2030, to improve and overhaul the transport infrastructure in Metro Manila and its surrounding regions, according to the Japan International Cooperation Agency (Jica).

Posted: November 13th, 2013 in Latest Business Stories | Read More »

Gov’t starts bid process for P35B Cavite-Laguna Expressway

The government is moving forward with the Cavite-Laguna Expressway project, a P35.42-billion toll road meant to decongest traffic and further boost development in the areas covered, as it invited interested groups to participate in the pre-qualification process and, eventually, the bidding for the project.

Posted: July 24th, 2013 in Editor's Pick,Headlines | Read More »

Car dealers can now ‘be in two places at once’

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CHRISTOPHER Franks, Reynaldo Castellano, Daniel Scott, Arianne Rose David, and RJ David during initial talks for the acquisition of PinoyAutoTrader.com.ph by leading buy and sell website Sulit.

As motorists fume at inopportune road repairs by the Department of Public Works and Highways; DPWH points to local governments for enabling informal settlers blocking passageways; squatters lash out at the continuing rise of commercial establishments; and Dan Brown coins the combination of all these as the “Gates of Hell,” another factor in the metro’s spatial suffocation is forgotten altogether.

Posted: July 14th, 2013 in Headlines,Inquirer Features | Read More »

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