Infrastructure conglomerate Metro Pacific Investments Corp. said Wednesday it is in talks with several Chinese companies for possible road and rail ventures in the Philippines.
“MPIC is talking to certain Chinese contractors for the tollways and bridges, mainly construction. We want to talk to them about the LRT trains,” MPIC chairman Manuel Pangilinan said.
Pangilinan said the discussions were still in preliminary stages.
MPIC has interests in tollways, railways, power, water distribution and healthcare in the Philippines.
MPIC Group operates the North Luzon Expressway, Subic-Clark-Tarlac Expressway and Manila-Cavite Toll Expressway.
MPIC’s subsidiary MPCala secured a contract from the Public Works Department to finance, design, construct, operate and maintain a four-lane, 47-kilometer closed-system toll expressway connecting Cavitex and South Luzon Expressway.
The P35.4-billion expressway will start from Cavitex in Kawit, Cavite and end at the SLEx-Mamplasan Interchange in Biñan, Laguna.
MPTC also received a notice of award from both the city of Cebu and the municipality of Cordova for the financing, design, construction, implementation, operation and maintenance of an 8.3-kilometer toll road known as the Cebu-Cordova Bridge project, linking the island of Mactan to mainland Cebu through Cordova.
MPIC through Light Rail Manila Corp. also operates the existing Light Rail TransitLine 1 and has the right expand the system up to Cavite from Baclaran in Pasay City.
MPIC also expressed interest in infrastructure projects that the government is pursuing under the public-private partnership scheme.