MPTC and GIC to invest in Trans-Java toll roads – Metro Pacific Tollways Corporation
Metro Pacific Tollways Corporation (MPTC), the leading toll road provider in the Philippines, through its subsidiaries PT Margautama Nusantara (MUN) and PT Metro Pacific Tollways Indonesia Services (MPTIS), and its partner, GIC — a global institutional investor — will enter into a strategic investment cooperation for a 35% stake worth about USD 1 billion in Jasamarga Transjawa Tol (JTT)...