Lopez wins road deal in Cebu

  • Page Views 893
  • 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

    • 18 July 2019
      1 day ago No comment

      P50k worth of suspected shabu seized in Caloocan sting

      About P50,000 worth of suspected shabu were seized from five suspects in a sting operation at Barangay 33 in Maypajo, Caloocan City Tuesday evening. Arrested were George Morales, 44; Crispin Vizmanos, 59; Rannie Valverde, 36; Edwin Espera, 41; and Karen John Montalban, 34. Elements of the Northern Police District ...

    • 18 July 2019
      1 day ago No comment

      Duterte dares U.S. to fight China over West Philippine Sea dispute

      Philippine President Rodrigo Duterte challenged the United States to prepare its naval fleet to confront China amid Philippines’ territorial row with China in the West Philippine Sea, also known as South China Sea. Duterte made the dare on July 17, saying in an interview: “I’m calling now America. I’m ...

    • 18 July 2019
      1 day ago No comment

      Pacquiao teaches Thurman how it is to be humble

      LAS VEGAS – “Let not the wise boast of their wisdom, or the strong boast of their strength, or the rich boast of their riches.” “But let the one who boasts boast about this: that they have the understanding to know me, that I am the Lord, who exercises ...

    • pacquiaoVsThurman
      18 July 2019
      1 day ago No comment

      Pacquiao vs Thurman fight week preview

      7 months after Senator Manny Pacquiao re-instated himself as a welterweight champion, he faces an even bigger test in Keith “One Time” Thurman. Pacquiao, boxing’s only 8 division champion in history, is looking for his biggest win in years when he faces off against an undefeated, unified welterweight champion ...

    • 12 July 2019
      1 week ago No comment

      Direk Cathy shares what to expect from reunion movie of Piolo, Claudine

      Piolo Pascual and Claudine Barretto are reuniting for a big screen project 15 years since they starred in their last movie together “Milan.” In an interview with reporters on Wednesday, filmmaker Cathy Garcia Molina revealed that she is has been tasked to help the project. “Kuwento ni direk Olive ...

    %d bloggers like this: