Metro Pacific Tollways Corp. (MPTC) said its first-half 2026 performance reflected the continued expansion of its toll-road network in the Philippines and Indonesia, contributions from overseas investments and new road sections coming into service even as domestic traffic softened by one (1) percent during the period.
In a news release, MPTC said toll revenues rose 8 percent to P19.6 billion in the first six months of 2026. Across its regional portfolio, average daily vehicle entries still increased 1 percent to about 2.5 million, with Indonesia posting 3-percent traffic growth to 1.67 million entries a day. Philippine traffic averaged 715,200 daily vehicle entries.
Revenue growth was supported by the opening of CAVITEX C5 Link Segment 3B Phase 1 and CALAX Subsection 3, which made more portions of the company’s network available to motorists. In Indonesia, stable logistics activity, scheduled tariff adjustments and improved access to toll roads amid continuing road works also supported performance.
MPTC said its share in the net earnings of equity investments in Indonesia likewise contributed to higher core profit. The company’s regional footprint now covers more than 1,100 kilometers of toll roads across the Philippines, Indonesia and Vietnam.
“Our first-half results reflect a broader and still-expanding regional business. Traffic in the Philippines is only one part of the picture. New road openings, stronger Indonesian operations and our equity investments all contributed to the period’s performance,” MPTC said.
Metro Pacific Tollways Corp. (MPTC) expanded its toll road portfolio in Indonesia in late 2024 with a strategic investment in PT Jasamarga Transjawa Tol (JTT). JTT manages a 676-kilometer network of 13 strategic toll roads across West Java, Central Java, and East Java.
The company also continues to invest heavily in Philippine infrastructure. Capital expenditures reached P7.6 billion in the first half, although spending was 5 percent lower year on year as completion schedules for ongoing projects were affected by right-of-way and related construction issues.
Current works include NLEX Segment 8.2 Section 1A(Mindanao Avenue to Quirino Highway), the remaining CALAX subsections, and the CAVITEX-CALAX Link Expressway, with remaining works on CAVITEX C5 Link Segment 3B Phase 2, and the NLEX Connector.
Financing costs attributable to qualifying projects under construction continue to be capitalized while these assets are being built, in accordance with applicable accounting rules.
MPTC said toll adjustments are implemented only after regulatory approval and are intended to support the operation, maintenance and continuing development of expressways under their respective concession agreements.
At the same time, the company continues to support government efforts to ease transport costs. MPTC has provided toll relief to qualified public transport and freight operators, including assistance worth more than P2 million a day under transport-support programs.
“Our priority remains the same: keep our roads safe and reliable, finish critical links as quickly as right-of-way and construction conditions allow, and deliver better mobility for motorists, commuters and businesses,” MPTC said.
