Philippines toll road opening to tender

Tendering is opening for a new toll road project in the Philippines. The 8km toll road link will link the South Luzon Expressway (SLEx) and the North Luzon Expressway (NLEx). The is handling the tendering process. Manila North Tollways Corp (MNTC) has offered close to US$401 million for the project but the Philippines Government is keen to open up the tender to other companies. MNTC is the toll road division of 5815 Metro Pacific Investments and currently operated the NLEx route.