Pettarani Toll Road in Indonesia and Hanoi Highway Phase 1 in Vietnam
by Junne S. Grajales, MAY 2021
Our toll roads expansion in the ASEAN region, through our investments in Indonesia’s PT Nusantara Infrastructure Tbk (NI) and Vietnam’s Ho Chi Minh City Infrastructure Bridges and Road Investment Joint Stock Company (CII B&R), is a part of our unyielding purpose to provide a widening road network beyond the borders of the Philippines.
“Our goal is for MPTC to participate and support the need for infrastructure in other developing nations in Southeast Asia, in line with the increasing demand for mobility, particularly in emerging countries. Through our investments in NI and CII B&R, we also intend to help strengthen the MPTC brand in the region,” said MPTC Chief Business Development Officer Francis Rojas.
We continue to break barriers and expand our footprints to accelerate development, enhance the safety of motorists, and spur economic growth. Below are project updates of our major investments in our ASEAN partners:
Inauguration of the First Elevated Toll Road in Eastern Indonesia
On March 18, PT Margautama Nusantara (MUN), the toll road subsidiary of NI, virtually inaugurated the new icon of Makassar City: the A.P. Pettarani Elevated Toll Road in Eastern Indonesia.
The 4.3-km-long elevated toll road in the South Sulawesi provincial capital started to operate functionally starting March 19.
The construction of this national toll road will build connectivity and have a significant impact on addressing traffic congestion. Together with the local government, MUN started this expansion to support the economy and mobility for the growth of Makassar City.
Hanoi Highway Phase 1 Toll Collection
Our Vietnamese associate company, CII B&R officially started collecting toll fees for the 11-km Hanoi Highway Phase 1 in Ho Chi Minh City, Vietnam last April 1, 2021. It will be used to pay back the 212 million USD investment into expanding the highway as a part of a Build-Operate-Transfer (BOT) contract with the local government.
The works on the expansion started 11 years ago, allowing the entire 15-km road to now have the capacity for 16 lanes in total for both directions. The toll plaza includes eight lanes with a non-stop Electronic Toll Collection (ETC) system and six manual lanes.
Hanoi Highway begins from the Saigon Bridge and ends at the Tan Van Intersection in the Binh Duong Province.
The toll booths on Hanoi Highway have shut down three years ago after CII B&R had completely recovered its investment and equity return for another venture that built the new Rach Chiec Bridge, considered as one of the highest traffic areas in Vietnam.
About the writer:
Junne S. Grajales. Junne Grajales is an Internal Communication Specialist for MPTC’s Communication and Stakeholder Management (CSM) Department. She is a graduate of Consular and Diplomatic Affairs at De La Salle-College of Saint Benilde. where she served as the Editor-in-Chief of The Benildean, the official student magazine. Her skills include writing about culture and lifestyle, public relations, and event management.