MANILA – President Benigno Aquino III on Friday led the inauguration of the Muntinlupa-Cavite Expressway (MCX) which can help the motorists save up to one hour of their travel time.
Upon arrival, the President drove through the MCX tollbooth plaza to officially open the road by using a toll card to open the toll boom barrier.
Formerly known as the Daang Hari-South Luzon Expressway Connector road, the MCX is a vital access road that links the rapidly growing Muntinlupa City and Cavite to Metro Manila and the rest of Southern Luzon.
The MCX is the first toll road project of the Ayala Corporation under the government’s Public-Private Partnership (PPP) program.
The road is 1.5-kilometer shorter compared to the Daang Hari-Alabang-Zapote route to Makati and 3-km shorter than the Commerce Avenue-Filinvest route to Makati City.
The Ayala Corporation has invested around Php2.2 billion in the project and will operate and maintain the road for 30 years in partnership with Egis, a toll concession operator from France.
With an expected volume of approximately 20,000 vehicles per day, the toll rate for the four-kilometer, four-lane road is set at Php17 for Class 1 and Php34 for Class 2 vehicles.
Ayala Corporation chairman and CEO Jaime Augusto Zobel de Ayala delivered the welcome remarks while chief operating officer Noel Kintanar gave the project briefing.
The MCX was opened to the public at 2 p.m. on Friday.