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Monday, November 24, 2014

Ayala sees completion of Daang Hari-SLEX toll road no later than March next year

The Aquino administration's first public private partnership (PPP) project is set to open in the first quarter of next year.

In a briefing today, AC Infrastructure Holdings Inc president Noel Kintanar said construction of the Muntinlupa Cavite Expressway (MCX), formerly known as Daang Hari-SLEX Connection Road is scheduled for completion in the next three to four months.

The road will connect Muntinlupa City to Cavite through Bacoor. As of November, construction was over 60 percent complete.

Kintanar said the toll for the four-kilometer, four-lane road would be set at P17 for Class 1 vehicles, and P34 for Class 2 vehicles. Daily vehicle traffic at the toll road is expected to reach 50,000.

MCX would relieve traffic congestion along the Daang Hari Road and Commerce Avenue, giving commuters from the Cavite towns of Molino and Bacoor faster and easier access to the South Luzon Expressway.

The first PPP venture that the Aquino administration bid out, the Daang Hari-SLEX Link was supposed to have been completed in the third quarter of this year but the private contractor moved its timetable because of delays in securing a right of way with South Luzon Tollways Corp (SLTC). Controlled by San Miguel Corp, SLTC operates SLEX.

Both parties agreed on the interconnection only in December last year.

Ayala-owned AC Infrastructure bagged the project linking Cavite to Metro Manila through SLEX in December 2011.

The conglomrate invested around P2.2 billion in the project, which it will operate and maintain for 30 years.

The road will provide southern Metro Manila with a high-standard highway within a 200-kilometer radius of the Philippine capital and will serve as an alternative route to Cavite, decongesting traffic in some parts of the province and Las Pinas and Muntinlupa, specifically the Alabang-Zapote Road and Commerce Avenue.

- Interaksyon

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