MPTC, SMC team up for build CBEX, NBEX

The Metro Pacific Tollways Corporation (MPTC) and the San Miguel Corporation have forged an alliance for the establishment of the Cavite-Batangas Expressway (CBEX) and Nasugbu-Bauan Expressway (NBEX).

Based on the memorandum of agreement signed yesterday, the two tollway firms will jointly design, build and operate the two upcoming roads that span 87.96 kilometers. Per MPTC, the project is eyed to connect to the Cavite-Laguna Expressway (CALAX) to Bauan, Batangas.

The signing ceremony was led by MPTC Chairman Manuel Pangilinan and SMC Chief Executive Officer Ramon Ang — marking a significant milestone in the development of the two projects worth P72 billion.

The agreement between the two covers the 27.06-kilometer CBEX project that will establish a link connecting CALAX’s Silang (Aguinaldo) Interchange to Nasugbu, Batangas, as well as the 60.90-kilometer NBEX that will provide seamless connectivity from Nasugbu to Bauan, Batangas.

The groundbreaking for the aforementioned developments is scheduled for next year. They are expected to be completed and open to the public in 2027.

The route will traverse the townships of Silang, Amadeo, Tagaytay, Indang, Mendez, and Alfonso in Cavite before crossing into Nasugbu and finally reaching Bauan, Batangas.

According to MPTC, the newly-signed pact “underscores the commitment of both toll road companies to deliver world-class expressways that will serve the needs of millions of motorists and commuters in the CALABARZON region.”

MPTC also noted that the two companies that will work hand in hand in the project will work closely with the Philippine government, local communities, and stakeholders to ensure a sustainable and responsible development that aligns with the country's infrastructure goals.

“Our shared commitment to nation-building has led us to this historic collaboration. Together, we aim to deliver world-class road networks that will serve as arteries of progress, growth and development for our country and the Filipino people.  This collaboration stands as a testament to what we can achieve when we are united in purpose,” the SMC helm was quoted as saying.

"Together with SMC, we envisage a future where our CBEX and NBEX can help pave the way for connectivity and economic growth in the CALABARZON region. We look forward to leveraging on our respective strengths for the realization of this vital infrastructure project,” Pangilinan, for his part, shared.

In 2018, MPTC presented a proposal for the 50.4-kilometer Cavite-Tagaytay-Batangas Expressway (CTBEX) project to the Department of Public Works and Highways and was granted the original proponent status. Similarly, SMC's proposal for the CBEX and NBEX was approved by the Cavite and Batangas government. Both projects share the common goal of connecting the provinces of Cavite and Batangas through Tagaytay City and MPTC and SMC have come together as partners in this significant venture.

To note, MPTC holds the concession for several vital expressways, such as the CALAX, Manila-Cavite Expressway (CAVITEX), its C5 Link Segment, the North Luzon Expressway (NLEX), the Subic-Clark Tarlac Expressway (SCTEX), the NLEX Connector Road, and the Cebu-Cordova Link Expressway (CCLEX) in Cebu

On the other hand, SMC holds the concession for the South Luzon Expressway (SLEX), Skyway, NAIA Expressway (NAIAX), Star Tollway, Tarlac-Pangasinan-La Union Expressway (TPLEX), and the Muntinlupa-Cavite Expressway (MCX).

Lastly, MPTC explained that the implementation of the transaction is subject to completion of certain conditions, including the execution procurement relevant approvals and execution of definitive agreements.

Photos from Metro Pacific Investments Corporation, San Miguel Corporation

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