Metro Pacific Tollways Corporation (MPTC) is a subsidiary of Metro Pacific Investments. MPTC is in the business of developing and operating toll roads (expressways) in the Philippines, Indonesia, and Vietnam. It is the biggest toll road developer in the Philippines, with a current portfolio of tollways.
History
On August 7, 2008, Metro Pacific Investments acquired a 67.1% interest in the operation and maintenance of the North Luzon Expressway (NLEX) from the Lopez group. This marked an entry of the company into investing in toll roads.[1][2] Four years later, in 2012, the company also expanded its Philippine toll road portfolio with a ₱6.77-billion investment in the holding firm that controls the 14-kilometer Manila–Cavite Expressway (CAVITEX).[3]