Billionaire Ramon S. Ang-led San Miguel Corp.’s plan to make parts of Skyway toll-free during the EDSA road rehabilitation is sparking ideas from its friendly competitor, Metro Pacific Tollways Corp., led by fellow tycoon, Manuel V. Pangilinan.
Newly appointed Transportation Secretary Vivencio “Vince” Dizon’s move to delay full cashless tollways has found an ally in tycoon Manuel V. Pangilinan—but for reasons different from those mentioned by the transport chief.
Tycoon Manuel V. Pangilinan said Metro Pacific’s mega tollways merger with San Miguel Corp. could be pushed back further, possibly to 2026, describing negotiations as “complicated.”
Metro Pacific Tollways Corp. (MPTC) is giving motorists a festive treat this holiday season by offering toll-free passage on select expressways during Christmas and New Year celebrations.
Tollways giant Metro Pacific Tollways Corp. raised its ownership in the North Luzon Expressway after purchasing the government’s remaining minority stake in the 100-kilometer toll road.
Tycoon Manuel V. Pangilinan’s group may further pare down its stake in Indonesian toll road unit PT Margautama Nusantara to bankroll its share in the $1-billion Jasamarga Transjawa Tol.