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24

July 2015

Muntinlupa-Cavite Expressway Opens July 24

Ayala Corporation, the concessionaire of the Muntinlupa-Cavite Expressway (MCX), a 4-kilometer tollway connecting the Daang Hari Road to the South Luzon Expressway, announced it is opening the tollway to motorists on July 24, 2015 beginning 2:00 PM.

The connector road is the first toll road awarded under the Aquino government’s Public-Private Partnership program. Ayala signed the 30-year Concession Agreement in April of 2012. Notwithstanding limitations on delivery of the Road Right of Way to the concessionaire, Ayala began early works on the road in May of 2013. Full road access was not obtained until February of 2014.

John Eric Francia, Ayala Corp. Managing Director said, “We are pleased to be able to open the road to the public. We hope this will relieve traffic congestion in the roads in Muntinlupa, Cavite and Las Pinas areas, and allow motorists coming from the Cavite area quicker and easier access to SLEX.”

It is estimated that MCX can help save travel time for road users since it is 3 kilometers shorter than the Commerce Avenue-Filinvest route and 1.5 kilometers shorter than the Daang Hari-Alabang Zapote route to Makati. It is also expected to help relieve traffic congestion along the Daang Hari Road and Commerce Avenue where build-up of vehicles reach over a kilometer long at peak hours.

Ayala invested around P2.2 billion to build the road, including a 902 million cash payment to government and will operate and maintain it for 30 years. Makati Development Corporation served as the general contractor for the construction while Spanish firm Getinsa, an engineering firm and toll road concessionaire itself, served as Ayala’s technical adviser during construction. Operations and maintenance is in partnership with Egis Philippines, a toll concession operator based in France and who is involved in operations and maintenance of the North Luzon Expressway.

MCX toll rates are set at 17 pesos for Class 1 vehicles, 34 pesos for Class 2 vehicles, and 51 pesos for Class 3.