Company Profile

On February 1, 2006, the Philippine government made the first step towards achieving one of its more important infrastructure projects under the Philippine Medium Term Development Plan by awarding the SLEX Rehabilitation and Upgrading project to the South Luzon Tollway Corporation.
The South Luzon Tollway Corporation (SLTC) is a joint venture of the Philippine National Construction Corporation (PNCC) and MTD Manila Expressways, Inc. (MTDME). SLTC has been granted the authorization for the design, construction and financing of the South Luzon Expressway Rehabilitation and Upgrading Project by the Republic of the Philippines, as represented by the Toll Regulatory Board (TRB), through a Supplemental Toll Operation Agreement (STOA) entered into by the parties on February 2006. PNCC, a government owned and controlled corporation, is the holder of franchise to construct, operate and maintain the South Luzon Expressway.
MTDME is a unit of MTD Capital Berhad, the second largest tollway operator in Malaysia and the only Malaysian international toll operator.



Project Description

The South Luzon Expressway Rehabilitation and Upgrading Project consists of the rehabilitation and expansion of the existing toll road from Alabang to Calamba (28.53 km.) and the construction of the extension of the SLEX to Sto. Tomas, Batangas (5.81 km.) with the associated spur to the Southern Tagalog Arterial Road (1.79 km.).
The project consists of 3 phases called Project Toll Road (TR) 1, 2 and 3. The scope of work is described as follows:
TR1 entails the repair and widening of the 1.2 kilometer Alabang Viaduct to improve the volume capacity, riding quality and structural integrity of the superstructure and to replace the bridgedeck from the current 6-lanes, to a new 8-lane bridgeway.
TR2 consists of the rehabilitation and widening of the existing 15-kilometer expressway from Filinvest to Sta. Rosa in Laguna from the existing 4 lanes to an 8-lane expressway and the rehabilitation and widening of the existing 12 kilometer expressway from Sta. Rosa to Calamba from the existing 4 lanes to a 6-lane expressway.
TR3 is a new 7.6 kilometer, 4-lane expressway from Calamba to Sto. Tomas in Batangas. TR3 will also link SLEX to the Southern Tagalog Arterial Road (STAR) which presently leads to Lipa City and is being extended to Batangas City.



THE NEED FOR REHABILITATION AND UPGRADE

More than any other Asian country, the Philippines needs an efficient land and sea transport infrastructure to link islands and economic centers that are separated by mountains and seas.
Within the islands themselves, road networks also need to be improved to help bring down the cost of moving goods to and from production areas, population centers, business hubs, tourist destinations, export shipping points, even markets abroad.
In Luzon, the road most used for this purpose is the South Luzon Expressway (SLEX). It conveys millions of passengers and up to 230,000 vehicles everyday. Over 60% of the country’s exports pass through it, bound for shipping points in Metro Manila.
The construction of the expressway in 1976 was almost immediately followed by rapid industrialization and urbanization as local and foreign investments poured into the area. Residential and business complexes mushroomed along its route, and people continue to migrate into these flourishing communities everyday.
The resulting traffic load and frequent congestion in many of its sections have exacted a heavy toll on the SLEX roadway, its bridges, exit and entry points, and most of all, the Alabang Viaduct. Cracked slabs and girders, and deflections in the bridgedeck, which were discovered as early as 1980, confirm that the 30-year old structure has become unsafe and is subject to collapse from a major earthquake.
Since it can no longer accommodate heavy trucks, freight, often already delayed by congestion in other sections, are forced to compete with passenger vehicles on the at-grade section, below the viaduct. Commuters waste time in transit and exporters risk steep penalties for missed delivery deadlines.
More than the added cost, slow freight movement also has a much more pernicious effect – the erosion of investor confidence in the country’s capacity to provide infrastructure support for the industry. While the bridgeway itself spans no more than 1.2 km, its impact on the national economy dictated that its rehabilitation along with the rest of the expressway be prioritized.
Other issues that call of the SLEX rehabilitation are the need to decongest Metro Manila by opening new economic centers in other regions, and the need to assure access to food supply for provinces that are now fast losing their agriculture lands, among them, Central Luzon and the Calabarzon area.
Thus, the SLEX will be extended beyond its current farthest point in Calamba, Laguna to Sto. Tomas in Batangas, where it will link up with the Southern Tagalog Arterial Road (STAR). Ultimately the linked road will meed the end of the Mindanao-to-Luzon nautical highway at the Port of Batangas.
This, finally, will be the seamless land and sea infrastructure that will help open up new economic centers even beyond the South Luzon, and reduce the time and cost of moving people and products to and from local and international destinations.



MTD Capital Bhd.



MTD Capital Bhd is an investment holding company with core businesses in civil engineering and construction, infrastructure development, property development and the manufacture of construction-related materials. MTD was listed on the Second Board of Bursa Malaysia Securities Berhad on January 27, 1994 and was subsequently promoted to the Main Board in December 1998. Under the Group umbrella are three Main Board companies: MTD InfraPerdana Bhd (MTD Infra), Metacorp Berhad (Metacorp) and ACP Industries Berhad (ACPI).

One of the key construction companies in Malaysia, MTD’s civil engineering and construction division is spearheaded by MTD Construction Sdn Bhd (MTDC). Established in 1980, MTDC has extensive experience in the construction of mountain roads, highways, bridges, building geotechnical works, erosion control and highway maintenance.
The Group is represented in infrastructure development via MTD InfraPerdana Bhd, the concessionaire for the Kuala Lumpur-Karar Highway and its extension, East Coast Expressway 1. Its subsidiary, Metramac Corporation Sdn Bhd (Metramac) has the concession for the East-West Link Expressway and the Kuala Lumpur-Seremban Expressway.

MTD’s core property development is located in Ayer Keroh, Malacca and totals 1,874 acres. Undertaken by 75% associate, Metacorp, Phase 1 of the development is the 742-acre Taman Tasik Utama (TTU), which is being developed into an integrated township comprising residential and commercial units, industry lots and educational facilities.
ACPI helms the Group’s other construction and engineering business with activities in construction, manufacture of building systems products and property development.
Besides Malaysia, the Group is active overseas in Thailand, Vietnam, the Philippines, China, Australia, Sri Lanka, Indonesia, Dubai and Saudi Arabia. MTD is also a member of a Malaysian-led consortium that has been awarded a 30-year highway concession in Andhra Pradesh, India.