Wider network, foreign earnings boost Metro Pacific Tollways growth

Insider Spotlight

• First-half toll revenues rose 8 percent to P19.6 billion as MPTC expanded its Philippine and Indonesian networks.
• Regional average daily vehicle entries increased 1 percent to about 2.5 million despite a 1-percent decline in Philippine traffic.
• MPTC spent P7.6 billion on infrastructure during the period, with several major Philippine expressway projects still under construction.

Metro Pacific Tollways Corp. (MPTC) is banking on a wider regional network and stronger overseas operations to drive growth as softer Philippine traffic is offset by new road openings and Indonesian earnings.

MPTC said toll revenues climbed 8 percent to P19.6 billion in the first half of 2026. Average daily vehicle entries across its regional portfolio rose 1 percent to about 2.5 million, even as Philippine traffic declined 1 percent to an average 715,200 entries daily.

Why it matters

Indonesia provided a key growth engine, with traffic rising 3 percent to 1.67 million daily entries. Stable logistics activity, scheduled tariff adjustments and improved toll-road access amid continuing road works supported the overseas business.

MPTC also benefited from the opening of CAVITEX C5 Link Segment 3B Phase 1 and CALAX Subsection 3, while its share in the net earnings of Indonesian equity investments lifted core profit. Its regional footprint now spans more than 1,100 kilometers across the Philippines, Indonesia and Vietnam.

“Our first-half results reflect a broader and still-expanding regional business. Traffic in the Philippines is only one part of the picture. New road openings, stronger Indonesian operations and our equity investments all contributed to the period’s performance,” MPTC said in a statement on Aug. 31, 2026.

Zoom in

MPTC expanded its Indonesian portfolio in late 2024 through an investment in PT Jasamarga Transjawa Tol, which manages 676 kilometers covering 13 strategic toll roads across West, Central and East Java.

Back home, first-half capital expenditures reached P7.6 billion, down 5 percent year on year as right-of-way and construction issues affected project completion schedules.

What’s next

Ongoing Philippine projects include NLEX Segment 8.2 Section 1A, the remaining CALAX subsections, CAVITEX-CALAX Link Expressway, remaining works on CAVITEX C5 Link Segment 3B Phase 2 and the NLEX Connector.

MPTC said it continues providing toll relief to qualified public transport and freight operators, with assistance exceeding P2 million daily under transport-support programs.

“Our priority remains the same: keep our roads safe and reliable, finish critical links as quickly as right-of-way and construction conditions allow, and deliver better mobility for motorists, commuters and businesses,” MPTC said.

 — Edited by Daxim L. Lucas