P22.6B contract on Cebu expressway development signed

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Metro Pacific Tollways Corporation (MPTC) and subsidiary Cebu-Cordova Link Expressway Corporation (CCLEC) have signed with Cebu Link Joint Venture (CLJV) the contract to design and construct the 8.5-kilometer Cebu-Cordova Link Expressway (CCLEX).

CLJV is a joint venture between Spanish-based Acciona Construccion S. A., and Philippine-based First Balfour Inc. and D.M. Consunji Inc. CCLEC issued the notice of award for the design and build contract to CLJV on November 23, 2017 at an agreed contract amount of P22.6 billion.

Set to be operational by 2021, CCLEX will link Cebu City from South Road Properties to Barangay Pilipog of Cordova Municipality in Mactan Island. It is envisioned to further spark economic growth and productivity not only in Cebu but in the entire Region 7.

CCLEC will build, operate, and maintain the toll bridge through a joint venture agreement with the local governments of Cebu City and Cordova Municipality.

CCLEX will have two lanes on each direction, and feature a main navigation span bridge that allows for shipping traffic, as well as viaduct approach bridges, a causeway, a roadway, and toll facilities. The link is expected to serve at least 40,000 vehicles daily, and give Cordova direct access to Cebu City, decongesting the traffic on the two existing bridges between Mactan and Cebu.

CCLEX is the first of MPTC’s envisioned toll road expansion projects in the Visayas and Mindanao.

Leading the contract signing were MPTC president and chief executive officer Rodrigo Franco, CCLEC president and general manager Allan Alfon, and Acciona Construccion Southeast Asia director Ruben Camba. Other signatories to the contract were CCLEC project manager Herbert Laboy, DMCI president Jorge Consunji, and First Balfour Inc. president Anthony Fernandez.

Image courtesy of tungphoto at FreeDigitalPhotos.net