June 25, 2024

The Insider News

Direct from the source

Cavitex Infrastructure Corp. inks deal with DMCI for construction of CAVITEX C5 Link Segment 3B

Photo caption: : (from L-R) CIC Vice President for Finance Ms. Elnora D. Rumawak, CIC President and General Manager Raul L. Ignacio, MPTC President and CEO Mr. Rogelio “Babes” L. Singson, DMCI President and CEO Mr. Jorge A. Consunji, and DMCI Managing Director Joffrey B. Gacula formalized the deal for the construction of the CAVITEX C5 Link Segment 3B Project.

The CAVITEX C5 Link project is moving closer to completion as Cavitex Infrastructure Corporation (CIC), a subsidiary of Metro Pacific Tollways Corporation (MPTC), signed a P3.3-billion construction deal with D.M. Consunji, Incorporated (DMCI) for the remaining C5 Link Segment 3B.

The signing ceremony was held on Tuesday, May 21, and was attended by Mr. Rogelio Singson, President and Chief Executive Officer of MPTC, Mr. Raul L. Ignacio, President and General Manager of CIC, Ms. Elnora D. Rumawak, Vice President for Finance of CIC, and Mr. Joffrey B. Gacula, Managing Director of DMCI, and Mr. Jorge A. Consunji, President and CEO of DMCI.

“This is a milestone for the CAVITEX C5 Link as this marks the construction of the last remaining segment. Soon, motorists will benefit from the entire 7.7-kilometer expressway stretching from CAVITEX R1 to C5 Road in Taguig,” said Mr. Ignacio.

Under the contract, DMCI is responsible for the construction of roadworks, drainage, mechanical, electrical, plumbing, fire protection, sanitary systems, and toll plazas for the 2-kilometer, 3×3 lane Segment 3B, which spans from the Kaingin area to the RSG Subdivision. According to CIC, construction of this segment is targeted to commence by the second half of 2024 and is expected to be operational by 2025.

Currently, operational segments of the CAVITEX C5 Link include Segment 3A-1 (C5 Link Flyover from C5 Road to Merville) and Segment 3A-2 (C5 Link Flyover Extension). Segment 3B and Segment 2 (R1 Interchange) are underway, with Segment 2 set to open to motorists by next month.

DMCI is renowned as the country’s “Builder of Landmarks” and is known for pioneering advanced engineering technology in Philippine construction. The company has been operating for almost 70 years and is involved in various sectors, including buildings, energy, infrastructure, utilities and plants, concrete products, equipment management, and steel fabrication.

MPTC is the leading mobility infrastructure and solutions provider in the Philippines. As the toll road development arm of Metro Pacific Investments Corporation (MPIC), MPTC oversees a comprehensive portfolio, including CALAX, CAVITEX, North Luzon Expressway (NLEX), NLEX Connector Road, Subic-Clark-Tarlac Expressway (SCTEX), and the Cebu-Cordova Link Expressway (CCLEX) in Cebu.