MANILA - Metro Pacific Investments Corporation (MPIC) on Wednesday said construction work on the C-5 Link Expressway is set to begin next month.
In a statement, MPIC said Cavitex Infrastructure Corp., a unit of Metro Pacific Tollways Corp. (MPTC), will begin works on the P9 billion toll project by July.
The 7.6-kilometer road will link C-5 Road in Taguig to R-1 (Coastal) Expressway presently being operated by Cavitex.
The C-5 Link Expressway is part of the existing concession of Cavitex for the Manila- Cavite Toll Expressway network.
The Toll Regulatory Board (TRB) is required under the concession to issue the notice to proceed with the construction of the project once an independent consulting firm issues a certification under the toll operation agreement.
The consultant is expected to certify on the availability of the right of way, the approval of a final engineering design, and construction schedules and costs.
The project received favorable endorsements from Paranaque City and its barangays, and was issued an environmental compliance certificate by the Department of Environment and Natural Resources (DPWH).
The project intends to relieve traffic congestion in Paranaque City, particularly in the areas of Merville, Moonwalk and Multinational villages, and provide expressway travel for its users in the Cavite, Las Pinas, Paranaque, Taguig, and Makati areas.