MNT proposes Philippines expressway revenue share with government

An equal revenue sharing proposal has been presented by Manila North Tollways (MNT) to the Bases Conversion and Development Authority (BCDA) for running the 94km Subic-Clark-Tarlac Expressway in the Philippines. This is the third proposal devised by MNT since the firm secured the contract to operate and manage the Expressway in 2010. MNT has also offered to subsidise the current US$750.42 million (PHP 31bn) debt owed by the Philippines government to the Japan International Cooperation Agency, who provided t
April 12, 2013 Read time: 1 min
An equal revenue sharing proposal has been presented by Manila North Tollways (MNT) to the Bases Conversion and Development Authority (BCDA) for running the 94km Subic-Clark-Tarlac Expressway in the Philippines.

This is the third proposal devised by MNT since the firm secured the contract to operate and manage the Expressway in 2010.

MNT has also offered to subsidise the current US$750.42 million (PHP 31bn) debt owed by the Philippines government to the 2416 Japan International Cooperation Agency, who provided the loan to develop the Expressway.

For more information on companies in this article

Related Content

  • Nicaragua road project funding deal
    February 1, 2018
    Nicaragua’s Ministry of Transport and Infrastructure (MTI) is setting out its road development programme for 2018. In all the plans call for the construction of 171km of roads. Work will be completed for the road from Mulukuku to Siuna, with the first 23km stretch due to open in September 2018 and the remaining 21.5km expected in December 2018. Meanwhile the road from Nueva Guinea to San Francisco should be complete by November 2018. Work started on these two routes in 2016. The project also calls for
    Read More
  • US$905 million loan for Philippines road
    January 29, 2025
    A US$905 million loan for a Philippines road project
    Read More
  • Philippines expressway project under construction
    April 5, 2019
    Construction is now underway for the 27km Cavite stretch of the Cavite-Laguna-Expressway (CAVEX) project in the Philippines.
    Read More
  • New projects proposed for the Philippines
    December 4, 2018
    Important transport infrastructure projects have been proposed for the Philippines in a bid to boost connectivity. A feasibility study is planned for the two bridge links to connect Negros Island, Guinaras Island and Panay Island. And a feasibility study is also planned for the 26km Davao City Expressway Project. An agreement between the Chinese Government and the Philippines Government is allowing the feasbility studies to go ahead. The Philippine Department of Public Works and Highways (DPWH) is overseein
    Read More

Highlighted Content