METRO Pacific Tollways Corp. (MPTC) is allotting “less than a billion” in capital expenditures (capex) for its subsidiary MPT Mobility, its digital ventures arm, for 2022.
MPTC President Rodrigo E. Franco said MPT Mobility will use the amount to implement digital projects, the most recent of which is the launch of its mobility app.
“We are looking at budgeting less than a billion pesos for capex for MPT Mobility unless there’s going to be another gas station project that has a bigger capex requirement because that involves, in many cases, land acquisition,” Franco said in a news briefing.
The cost of a gas station project, he noted, is roughly P1 billion.
MPT Mobility is MPTC’s mobility solutions subsidiary that houses all of its non-toll related businesses that leverage digital technologies.
On Thursday, MPTC launched a mobile app that provides users with solutions that enable them to manage their RFID accounts, plan their trips, and ask for roadside assistance.
With the app, motorists can calculate their toll fees and top up their RFID accounts, check the nearest pitstops for dining, gas-ups, and bathroom breaks. It also houses an in-app function for emergencies.
Available for iOS and Android users starting March 1, the app called “MPT DriveHub” will be available for RFID users of MPTC’s network of expressway, namely: North Luzon Expressway; Subic-Clark-Tarlac Expressway; Manila-Cavite Toll Expressway; and, the Cavite-Laguna Expressway on March 1. Soon, the app will also be available for use in the Cebu-Cordova Link Expressway.
