2023-08-15 20:30
RSA, MVP seal Cavite-Batangas highway deals
NEW PARTNERS MPTC chair Manuel Pangilinan (right) and SMC CEO Ramon Ang —CONTRIBUTED PHOTO MANILA  -Billionaires Ramon Ang and Manuel Pangilinan are hoping that motorists and commuters will enjoy smoother road travel in the Calabarzon region by 2027 with the construction of toll highway projects linking Cavite-Laguna Expressway (Calax) to Bauan, Batangas—an undertaking expected to cost up to P72 billion. Metro Pacific Tollways Corp. (MPTC) and San Miguel Corp. (SMC) announced on Tuesday the signing of a memorandum of agreement to design, build and operate the 88-kilometer Cavite-Batangas Expressway and Nasugbu-Bauan Expressway (NBEx).

https://business.inquirer.net/416134/rsa-mvp-seal-cavite-batangas-highway-deals

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