ATN sup­ply­ing rock ag­gre­gates to MetroPac Toll­ways

Daily Tribune (Philippines) - - BUSINESS - An­gel­ica Balles­teros

ATN Hold­ings Inc. said on Wed­nes­day it part­nered with Pangili­nan-led Metro Pa­cific Toll­ways Corp. (MPTC) for the sup­ply of rock ag­gre­gates for the lat­ter’s ex­pan­sion plans.

In a dis­clo­sure to the Philip­pine Stock Ex­change, ATN said it signed a mem­o­ran­dum of un­der­stand­ing with MPTC for the sup­ply of 250,000 cu­bic me­ters of rock ag­gre­gates.

ATN said the sup­ply will be used for the con­struc­tion of on­go­ing and new projects such as the Har­bour Link Project, CaviteLa­guna Ex­press­way, Light Rail Tran­sit-1 Cavite Ex­ten­sion, North Lu­zon Ex­press­way-South Lu­zon Ex­press­way (NLEX-SLEX) Con­nec­tor Road Project, and the NLEX Ex­pan­sion Project.

At present, ATN said its ex­ist­ing crush­ing plant is able to pro­duce 500 tons of rock ag­gre­gates per hour.

It is plan­ning to ex­pand its pro­duc­tion through a new plant able to crush 800 tons per hour.

Mean­while, the com­pany last month an­nounced that it teamed up with China Machin­ery En­gi­neer­ing Corp. and Broad Homes for the co-de­vel­op­ment, con­struc­tion, and oper­a­tions of a 60,000-cu­bic me­ter pre-cast con­crete plant in ATN’s 256-hectare prop­erty, to pro­duce 6,000 hous­ing units per year.

ATN said the plan was part of the ef­fort to ad­dress the 6 mil­lion hous­ing back­log in the coun­try.

The com­pany said the en­try-level plant is able to gen­er­ate P18 bil­lion in an­nual rev­enues.

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