MPIC unit to submit Cavitex segment 5 study

METRO Pacific Investments Corp. (MPIC) unit Cavitex Infrastructure Corporation (CIC) said it will submit the feasibility study for the P22.5-billion Segment 5 of the Manila-Cavite Expressway (Cavitex) project to the Toll Regulatory Board this month.

“We just finished the feasibility study of Segment 5, [the portion from] Kawit to Naig and Tanza. We should have submitted that [in] July to TRB but what we will try to do is to submit it in August,” CIC President and Chief Executive Officer Luigi L. Bautista told reporters during an inspection of the Cavitex construction.