Lopez wins road deal in Cebu

  • Page Views 1214
  • First Philippine Holdings Corp., the listed investment company of the Lopez group, said Monday a joint venture that includes its construction unit bagged a P22.6-billion contract to build an 8.5-kilometer expressway in Cebu.

    Cebu Link Joint Venture, which consists of Acciona Construccion S. A. of Spain, First Balfour Inc. of the Lopez group and D.M. Consunji Inc., won the design and build contract awarded by a unit of Metro Pacific Tollways Corp. for the Cebu-Cordova Link Expressway, a bridge project that will connect Cebu City to the municipality of Cordova in the island of Mactan. 

    Cebu Cordova Link Expressway Corp., a subsidiary of MPTC, issued the notice of award to Cebu CLJV.  MPTC is the toll road arm of Metro Pacific Investments Corp.

    “We are delighted to be part of this landmark project. We have put together a very experienced team, and are looking forward to working closely together with the customer to deliver a new toll bridge that will benefit both local communities and the Philippines,” Acciona’s Ruben Camba, representing CLJV, said.

    “We are very confident that we can deliver a quality state-of-the-art bridge that will provide not just travel efficiency but also drive economic growth and productivity in the entire Visayas region, and improve the overall welfare of the Cebuanos,”Allan Alfon, CCLEC president and general manager, said.

    MPTC president Rodrigo Franco said with the project, the company would bring to Cebu and the Visayas its expertise in building and operating world-class highways and bridges to create more opportunities and spur economic growth.

    MPTC is the largest toll road concessionaire and operator in the Philippines that has now expanded its business to other Asean countries including Thailand, Vietnam and Indonesia. CCLEX is the first of MPTC’s envisioned toll road expansion projects in Visayas and Mindanao.

    CCLEC will build, operate and maintain the toll bridge through a joint venture agreement with the local governments of Cebu City and Cordova municipality. 

    CCLEX will have two lanes in each direction and will feature the main navigation span bridge, along with viaduct approach bridges, a causeway, roadway and toll facilities. 

    The span of the bridge allows for shipping traffic and the link is expected to serve at least 40,000 vehicles daily. 

    It will give Cordova direct access to Cebu City and is expected to decongest the traffic in the two existing bridges connecting Mactan and Cebu. (TMS)

    Share

    New Posts Recently publish post More

    • 28 May 2020
      4 days ago No comment

      Schools Re-open to Students on June 1st

      Schools are set to re-open on June 1, as schools and teachers set up their classrooms to accommodate the BC government’s guidelines on social distancing and sanitation and sterilization of the environment to prevent the spread of COVID-19. The in-class instruction is voluntary and will be part-time for the ...

    • 28 May 2020
      4 days ago No comment

      Churches and Places of Worship Reopens

      As businesses and schools reopen after two months of closed doors, churches and places or worship will be open again for services to their faithful. The Roman Catholic Archdiocese of Vancouver came out with a set of guidelines for their parishes regarding the celebration of Masses from May 31st ...

    • 28 May 2020
      4 days ago No comment

      Confirmed COVID-19 cases exceed 5.4 million globally

      More than 5.4 million people across the world have been affected by COVID-19. As of May 26, 2020, according to figures by the World Health Organization, the number of confirmed cases was 5,491,678. The number is expected to increase. Confirmed deaths as of May 26 were 349,190 globally. Countries, ...

    • 21 May 2020
      2 weeks ago No comment

      Support for you,your family and your business

      Support for you,your family and your business. Financial assistance is available. Visit CANADA.CA/CORONAVIRUS to learn more. Related

    • 21 May 2020
      2 weeks ago No comment

      Second wave of COVID-19 coming, Canadian experts warn

      Like in the Spanish flu of 1918, a second wave of the COVID-19 pandemic is coming. Experts are warning that the second COVID-19 wave is inevitable even as things are returning to normal in Canada. “Until we get the vaccine, I don’t think we can really avoid the second ...

    %d bloggers like this: