Metro Pacific Tollways Corporation acknowledges recent media
coverage over the case filing of PEA Tollway Corporation against our
subsidiary, Cavitex Infrastructure Corporation (CIC), the current joint-
venture partner of Philippine Reclamation Authority (PRA) for the
Manila-Cavite Toll Expressway Project, otherwise known as CAVITEX.
Understanding that this is a matter of public interest, we would like to
address the concerns with clarity and transparency.
With the project being a joint venture with the PRA, any legal dispute
involving CIC should have rightfully included Philippine Reclamation
Authority as an indispensable party. The petition against CIC was filed
by Mr. Dioscoro Esteban Jr., Officer-in-Charge of PEATC, who lacks
authority of the PRA or of the PEATC Board to file such petition. This
misrepresentation is further evidenced by the absence of the imprimatur
of the Office of the Government Corporate Counsel (OGCC) which is the
rightful counsel of a GOCC such as the PEATC.
However, MPTC has consistently demonstrated professionalism and
courtesy by extending invitations for constructive dialogue. We firmly
believe that open communication and collaborative problem-solving are
the most effective means of resolving disputes. Regrettably, these
invitations were disregarded, hindering the progress towards an
amicable resolution.
MPTC reiterates its commitment to uphold the highest standards of
corporate governance and ethical conduct. We remain steadfast in our
dedication to resolve disputes through peaceful and lawful means,
prioritizing the interests of all stakeholders involved. We hope that the
parties involved will address the issue with sobriety, professionalism, and
a genuine willingness to engage in meaningful dialogue towards a
mutually beneficial resolution.
