Metro Pacific Tollways Corp. (MPTC) and San Miguel Corp. (SMC) have signed a memorandum of agreement (MOA) for the construction and operation of the 27.06-kilometer Cavite-Batangas Expressway (CBEX) and the 60.90-kilometer Nasugbu-Bauan Expressway (NBEX). Under the agreement, the two groups will jointly undertake the construction, operation, and maintenance of the…
Metro Pacific Tollways Corp. and San Miguel Corp. have signed a memorandum of agreement for the construction and operation of the 27.06-kilometer Cavite-Batangas Expressway and the 60.90-kilometer Nasugbu-Bauan Expressway .
The NBEX, meanwhile, will connect Nasugbu and Bauan in Batangas, via the townships of Silang, Amadeo, Tagaytay, Indang, Mendez, and Alfonso in Cavite before crossing into Nasugbu and finally reaching Bauan, Batangas. “Together with SMC, we envisage a future where our CBEX and NBEX can help pave the way for connectivity and economic growth in the Calabarzon region. We look forward to leveraging on our respective strengths for the realization of this vital infrastructure project,” said MPTC Chairman Manuel V. Pangilinan.
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