The top official of Manila North Tollways Corp. (MNTC) said that the company would formally present its proposal to the Philippine National Construction Corp. (PNCC) to form a joint venture (JV) for the P22.95-billion connector road project that would link the northern and southern expressways.

“We are in talks with them [PNCC] but, we still need to make a formal presentation. We’ve touched base, we are hoping this November we could conduct formal talks with PNCC,” said Rodrigo Franco, president and chief executive officer of MNTC.

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