{"id":6109,"date":"2024-05-25T22:27:42","date_gmt":"2024-05-25T14:27:42","guid":{"rendered":"https:\/\/journaldailynewsonline.com.ph\/?p=6109"},"modified":"2024-05-25T22:27:43","modified_gmt":"2024-05-25T14:27:43","slug":"cic-signs-p3-3-b-deal-with-dmci-for-construction-of-cavitex-c5-link-segment-3b","status":"publish","type":"post","link":"https:\/\/journaldailynewsonline.com.ph\/index.php\/2024\/05\/25\/cic-signs-p3-3-b-deal-with-dmci-for-construction-of-cavitex-c5-link-segment-3b\/","title":{"rendered":"CIC SIGNS P3.3-B DEAL WITH DMCI FOR CONSTRUCTION OF CAVITEX C5 LINK SEGMENT 3B"},"content":{"rendered":"<p><!-- wp:paragraph --><\/p>\n<p><strong>THE CAVITEX C5 Link project is moving closer to completion.<\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><strong>This after 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.<\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><strong>The signing was held on Tuesday and was attended by MPTC president and chief executive officer Rogelio Singson, CIC president and general manager Raul L. Ignacio, CIC vice president for Finance Elnora D. Rumawak, DMCI managing director Joffrey B. Gacula, and DMCI president and CEO Jorge A. Consunji.<\/strong><strong><\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><strong>&#8220;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,&#8221; said Ignacio.<\/strong><strong><\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><strong>Under the agreement, DMCI is responsible for the construction of roadworks, drainage, mechanical, electrical, plumbing, fire protection, sanitary systems, and toll plazas for the 2-kilometer, 3&#215;3 lane Segment 3B, which spans from the Kaingin area to the RSG Subdivision.<\/strong><strong><\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><strong>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.<\/strong><strong><\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><strong>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).<\/strong><strong><\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><strong>Segment 3B and Segment 2 (R1 Interchange) are underway, with Segment 2 set to open to motorists by next month.<\/strong><strong><\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><strong>DMCI is renowned as the country\u2019s \u201cBuilder of Landmarks\u201d 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.<\/strong><strong><\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><strong>MPTC is the leading mobility infrastructure and solutions provider in the Philippines.<\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><strong>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.<\/strong><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>THE CAVITEX C5 Link project is moving closer to completion. This after Cavitex Infrastructure Corporation (CIC), a subsidiary of Metro Pacific Tollways Corporation (MPTC), signed<\/p>\n","protected":false},"author":1,"featured_media":6110,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[],"_links":{"self":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts\/6109"}],"collection":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/comments?post=6109"}],"version-history":[{"count":1,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts\/6109\/revisions"}],"predecessor-version":[{"id":6111,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts\/6109\/revisions\/6111"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/media\/6110"}],"wp:attachment":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/media?parent=6109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/categories?post=6109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/tags?post=6109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}