Fifteen investors are interested in the P35-billion Cavite-Laguna Expressway (Calax) project.
The Department of Public Works and Highways (DPWH) on Tuesday said that Calax has the “largest and highest project cost” among the agency’s lineup of public-private partnership (PPP) projects by far.
The companies interested in Calax include San Miguel Corp., Korea Expressway Corp., Alloy MTD Philippines Inc., Macquarie Infrastructure Holdings Ltd., Megawide Engineering Excellence, Leighton Contractors Philippines Inc., Makati Development Corp., AC Infrastructure Holdings, Metro Pacific Tollways Development Corp. and AboitizLand Inc., among others.
“What we want is to take out all the moving parts so that in the end there is only one moving part to consider: the price. We really want to hear you out,” Public Works Secretary Rogelio Singson told the interested parties.
The interested bidders, according to the DPWH, have until September 23 to submit prequalification documents. The 47-kilometer Calax project covers the financing, design and construction, and the operation and maintenance of the tolled express road linking the Cavite Expressway (Cavitex) and South Luzon Expressway (SLEX).
The four-lane proposed expressway will start from Cavitex in Kawit, Cavite, and end at the SLEX-Mamplasan Interchange in Biñan, Laguna.