The P2.5 billion C-5 South Link Expressway, the first phase of the freeway that will connect C-5 to Coastal Road, is slated to kick off construction in July, a top official of Metro Pacific Investments Corporation (MPIC) Group said.
With the project approved by the Toll Regulatory Board the Department of Public Works and Highways (DPWH), MPIC unit MPCALA is ready to construct the expressway.
It will connect C-5 to the Cavite Expressway (CAVITEX) and eventually to the Cavite-Laguna Expressway (CALAX) when completed in 2020.
“We are ready to build C-5’s South Link, the crossing from C-5 to SLEX all the way to Coastal Road,” Luigi L. Bautista president and chief financial officer (CEO) of MPCALA told reporters in an interview.
The project is supposed to decongest traffic along EDSA and C-5 Road.
The first phase of the project costs P2.5 billion. The second phase is estimated at P7.5 billion.
Bautista said MPCALA waiting for a final approval from Skyway O&M Company (SOMCO), operator of the freeway.
“After the SOMCO gives its no-objection to the project, ground-breaking for the C5 South Link Expressway is targeted for later this month, and construction will commence in July 2016.” Bautista noted.
“It is going to be an interesting project, because finally you will be able to cross SLEX all the way to Sucat and then to Coastal Road. This is a viable alternative to EDSA when going to the Mall of Asia and the Coastal area.” Bautista said.