MPIC toll roads aim to double revenue with project completion.

The Metro Pacific Investments Corporation (MPIC) is set to double its revenue with the completion of its toll road projects in the Philippines. The company has been investing heavily in infrastructure development, particularly in the construction of toll roads, to improve the country’s transportation system and boost economic growth.

MPIC is one of the largest infrastructure companies in the Philippines, with a portfolio that includes toll roads, water utilities, and power generation. The company’s toll road business, which operates under the Metro Pacific Tollways Corporation (MPTC), is the largest in the country, with a network of over 300 kilometers of toll roads.

The company’s toll road projects include the Cavite-Laguna Expressway (CALAX), the C5 South Link Expressway, and the North Luzon Expressway (NLEX) Harbor Link Segment 10. These projects are expected to significantly improve the country’s transportation system, reduce travel time, and ease traffic congestion.

The CALAX project, which is a 45-kilometer toll road that will connect the provinces of Cavite and Laguna, is expected to be completed by 2022. The project is estimated to cost around PHP 35.4 billion (USD 730 million) and is expected to reduce travel time between the two provinces from two hours to just 45 minutes.

The C5 South Link Expressway, which is a 7.7-kilometer toll road that will connect C5 and the South Luzon Expressway (SLEX), is expected to be completed by the end of 2021. The project is estimated to cost around PHP 10 billion (USD 206 million) and is expected to reduce travel time between the two expressways from one hour to just 10 minutes.

The NLEX Harbor Link Segment 10, which is a 5.65-kilometer toll road that will connect the NLEX to the Port of Manila, is already operational. The project is expected to significantly reduce travel time for cargo trucks and improve the flow of goods in and out of the port.

With the completion of these toll road projects, MPIC is expected to double its revenue from toll road operations. The company’s toll road business currently generates around PHP 20 billion (USD 412 million) in revenue annually. With the completion of these projects, the company expects to generate around PHP 40 billion (USD 824 million) in revenue annually.

The completion of these toll road projects is not only expected to boost MPIC’s revenue but also to contribute to the country’s economic growth. Improved transportation infrastructure is expected to attract more investments, create more jobs, and improve the overall quality of life for Filipinos.

In conclusion, MPIC’s toll road projects are set to significantly improve the country’s transportation system and boost economic growth. With the completion of these projects, the company is expected to double its revenue from toll road operations and contribute to the country’s development.