24/08/2022
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Metro Pacific Tollways Corp. (MPTC) is considering building a P90 billion tollroad which will connect Cordova in Cebu to Bohol
βGov. Gwen [Garcia] has asked us to look at building a bridge from Cordova to Bohol. Thatβs a P90 billion project. Financing is key because itβs a very big project.
We still have to conduct a feasibility study because if the tariffs are so high nobody will use it,β said Manuel V. Pangilinan, chairman of MPTC.
Rodrigo Franco, president and CEO of MPTC, said the company would look for ways to make the project viable.
Cebu Cordova Link Expressway Corp., a subsidiary of MPTC, completed the construction of the P31 billion Cebu-Cordova Link Expressway (CCLEX), an 8.5 km bridge linking Cebu City to the municipality of Cordova and outlying towns of Cebu province.
The bridge began commercial operations last April 30 and is expected to accommodate about 50,000 vehicles per day.
At present, the average vehicle entries in CCLEX stood at 6,776.
