Pangilinan-led MPTC expects to generate P30B yearly revenue from a 35% stake in PT Jasamarga Transjawa Tol, Indonesia's Trans-Java Toll operator.
Pangilinan-led Metro Pacific Tollways Corp. (MPTC) expects to generate P30 billion in yearly revenue from its toll road contract in Indonesia, set to be signed this week. MPTC won the bidding for a 35% stake in PT Jasamarga Transjawa Tol, the operator of a 676-kilometer segment of the Trans-Java Toll. The deal will bring in additional revenue and expand MPTC's portfolio with an expressway used by 800,000 motorists daily.
June 23, 2024
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