SAN Miguel Holdings Inc.
has signed a deal with the provincial government of Cavite for the construction and operation of the P27-billion Cavite-Batangas Expressway .Both parties signed a joint venture and 35-year tollway concession agreement last February 27 for the project, which involves the construction, financing, operation and maintenance of a 27.06-kilometer toll road traversing Silang, Amadeo, Tagaytay, lndang, Mendez and Alfonso in Cavite and Nasugbu, Batangas.
Cavite opened a competitive challenge for the project last November but did not receive alternative offers. A challenger purchased bid documents in December but no proposal was submitted as of a January 27 deadline.A similar proposal to connect Cavite and Batangas through Tagaytay City was filed by Metro Pacific Tollways Corp. in 2018. The Department of Public Works and Highways subsequently granted original proponent status to MPTC for the 50.43-kilometer Cavite-Tagaytay-Batangas Expressway .
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