METRO Pacific Tollways South Corp. (MPT South), a unit of Metro Pacific Investments Corp. (MPIC), is targeting capital expenditures (capex) of nearly P12 billion over the next two years to fund ongoing developments with the aim of completing these by 2025.

Elnora Rumawak, vice president for finance of MPT South, said over the weekend that the planned capex would fund construction of various road developments such as the C5 Southlink, Manila-Cavite Expressway (Cavitex), and the Cavite-Laguna Expressway (Calax).

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