News and developments
SyCipLaw advises Metro Pacific Tollways Development Corporation and Manila North Tollways Corp.
SyCipLaw acted as counsel to Metro Pacific Tollways Development Corporation (MPTDC) in relation to its unsolicited proposal for the design, development, financing, construction, operations and maintenance of the NLEX-SLEX Connector Road.
The NLEX-SLEX Connector Road is an 8km elevated toll expressway utilizing the right of way of the Philippine National Railways starting at the junction of the North Luzon Expressway (NLEX) Segment 10 at C-3 Road/5th Avenue in Caloocan City and connecting to the South Luzon Expressway (SLEX) through the Metro Manila Skyway Stage 3 Project in the City of Manila. It is expected to help ease congestion in Metro Manila and to reduce the travel time between NLEX and SLEX to just 15 to 20 minutes from 1.5 to two hours at present.
SyCipLaw assisted MPTDC, as original proponent, during the negotiations of the toll concession agreement (TCA) with the Department of Public Works and Highways (DPWH). Following the conduct of the Swiss Challenge as required by law, the DPWH issued the Notice of Award (NOA) on September 16, 2016. MPTDC complied with the requirements under the NOA on September 27, 2016.
The SyCipLaw team was composed of partners Angel M. Salita, Jr., Arlene M. Maneja and senior associate John Paul V. De Leon.