Major road projects for Philippines planned

A series of major highway infrastructure projects are planned for the Philippines. Plans are in hand for the Cavite-Laguna Expressway (CALAX) project, with MPCALA Holdings calling on the authorities to give final approval so that construction can commence before 2017. MPCALA Holdings is a subsidiary of conglomerate Metro Pacific Investments (MPIC) and won the 35-year contract to build, operate and maintain the CALAX in June 2015. The CALAX project is worth US$754.6 million. At present, the company is lookin
September 11, 2015 Read time: 2 mins
RSSA series of major highway infrastructure projects are planned for the Philippines. Plans are in hand for the Cavite-Laguna Expressway (CALAX) project, with MPCALA Holdings calling on the authorities to give final approval so that construction can commence before 2017. MPCALA Holdings is a subsidiary of conglomerate Metro Pacific Investments (MPIC) and won the 35-year contract to build, operate and maintain the CALAX in June 2015. The CALAX project is worth US$754.6 million. At present, the company is looking at the Cavite portion of the planned expressway.

A more controversial development in the Philippines is with regard to the Bangsamoro Basic Law (BBL). This would see the current administration investing some $213 million in Muslim Mindanao during 2016. The planned programme of works will focus primarily on improving bridges and roads. The Autonomous Region in Muslim Mindanao (ARMM) currently has a poor infrastructure network that is recognised as being in need of major improvement.
Road Structures Finance & Funding

Related Content

  • Philippines’s NEDA to consider two road PPP projects in November
    November 12, 2015
    The National Economic and Development Authority (NEDA) will consider approval of seven Public-Private Partnership (PPP) projects, two of them highways, by the end of this month. The highways are the US$516 million Manila connector road and the $209 million Plaridel toll road. A report by the Manila-based Business World Online newspaper said the deals are worth around US$3.65 billion.
    Read More
  • Wacker Neuson Group sees revenue rise 12% for 2014
    March 16, 2015
    International light and compact equipment manufacturer Wacker Neuson Group achieved record results for 2014 across most key performance indicators, the company reports. The group met its increased profit and the revenue forecast, despite challenging market conditions. Group revenue increased 11% to a record €1.28 billion, up from €1.16 billion in 2013 and in line with the company’s forecast. “Adjusted by currency effects, this corresponds to a growth of 12%,” a company statement said. Business in Central Eu
    Read More
  • Kuwait fund KFAED to contribute to greater Tunis X20 ring road
    March 18, 2015
    The Kuwait Fund for Arab Economic Development (KFAED) is to contribute US$28.5 million towards the X20 ring road of greater Tunis, according to a report in L'Economiste Maghrébin. An agreement was signed on 17 March between Yassine Brahim, the Tunisian minister for development, investment and international cooperation, and Ahmed Al Badr, the managing director of KFAED. World Highways reported in June 2013 that the government was moving ahead with plans for the 80km ring road expected to cost around $365 mil
    Read More
  • Philippines government allows development of two roads
    May 30, 2012
    Proposals to link the South Luzon Expressway (SLEx) and North Luzon Expressway (NLEx) have been approved by the government of the Philippines. The proposals came from Citra Metro Manila Tollways (Citra) and Metro Pacific Investments Corp (MPIC). Citra intends to develop a US$580.64million six-lane elevated tollway stretching 14km. A US$525.2million four-lane elevated expressway that stretches 13.4km could also be developed by MPIC. Work on one or both of the projects will begin later this year, with complet
    Read More

Highlighted Content