THE operator of the Manila-Cavite Expressway (Cavitex) expects to start the P8-billion Circumferential-5 (C5) Link Expressway project in the first quarter of 2015.
“We will finish our detailed engineering design around November, so by December we will bid out the project to get a contractor, and in January we start,” Cavitex Infrastructure Corp. president Jose Luigi Bautista said.
“We’re done with the DPWH (Department of Public Works and Highways), they are already okay with the alignment, that’s the first step,” Bautista said.
He added that they are now holding discussions with the Philippine Reclamation Authority (PRA) and afterwards they will meet with the Toll Regulatory Board (TRB).
PRA is a partner of Cavitex in this venture. “Because they are our partner they have to agree that this is an investment that is feasible and then we will submit the information memorandum to TRB,” Bautista said.
The C5 Link Expressway project is 7 kilometers long, including the ramps, with a total cost of about P8 billion. For the first phase of the project, a flyover will be built across the South Luzon Expressway (SLEX) up to E. Rodriguez along Sucat, and the next phase would be from Sucat all the way to Cavitex.
In 2012, Metro Pacific Investments Corp. signed a financing and cooperation agreement with Cavitex Holdings.
Metro Pacific Tollways Corp. (MPTC) is a unit of Metro Pacific Investments. Under the agreement, MPTC will help Cavitex Holdings in managing the toll road.
The MPTC operates the Subic Clark Tarlac Expressway and North Luzon Expressway.