The Department of Transportation said it will break ground today for the P45-billion Southeast Metro Manila Expressway Project that will help decongest traffic in Metro Manila.
Southeast Metro Manila Expressway is a 34-kilometer, six-lane, combined elevated and at-grade expressway with two directional traffic flow that starts in the south with a connection to the existing Skyway Stage 1 in FTI, Taguig City and terminates at Batasan Complex in Quezon City. It will eventually connect to the North Luzon Expressway via Balagtas, Bulacan.
The project costing about P45 billion will start construction this year. It is expected to be completed by 2020.
The project is covered by a supplemental toll operations agreement signed by the Toll Regulatory Board, Philippine National Construction Corp., Citra Intercity Tollways Corp. as the investor and Metro O&M Corp. as the operator. Citra and Metro O&M are units of San Miguel Holdings Corp.
SEMME is a part of the Metro Manila Expressway or the Metro Manila Circumferential-6 Road Expressway that San Miguel Corp. will build along with PNCC.
San Miguel said last year it would undertake the P554-billion expansion of toll roads under an existing joint venture with PNCC.
The expanded road network will include extension of Metro Manila Skyway Stage 3 project and the Metro Manila Expressway, or C6/Skyway Stage 4. SMHC and PNCC are joint venture partners in Citra Central Expressway Corp. and Citra Intercity Tollways Inc., the concession companies of Skyway Stages 3 and 4, respectively.
PNCC, through its legislative franchise, has the authority to construct, maintain and operate the South Luzon Expressway and Skyway Stages 1, 2, 3 as well as all extensions, linkages or stretches from any part of the existing toll roads.
“Within the next year or so, we hope that work can begin on the extension of SLEx, Skyway Stage 3 and C6. We have within our agreement all the extensions that will help us create an entire seamless network of roads and expressways connecting Metro Manila to neighboring provinces. We will operate, between us, the most extensive network of Philippine tollways,” San Miguel president and chief operating officer Ramon Ang said earlier.
Ang said San Miguel and PNCC were ready to do their share to meet President Duterte’s call for greater private investment in order to usher in a “golden age of infrastructure.”
Southeast Metro Manila Expressway is a 34-kilometer, six-lane, combined elevated and at-grade expressway with two directional traffic flow that starts in the south with a connection to the existing Skyway Stage 1 in FTI, Taguig City and terminates at Batasan Complex in Quezon City. It will eventually connect to the North Luzon Expressway via Balagtas, Bulacan.
The project costing about P45 billion will start construction this year. It is expected to be completed by 2020.
The project is covered by a supplemental toll operations agreement signed by the Toll Regulatory Board, Philippine National Construction Corp., Citra Intercity Tollways Corp. as the investor and Metro O&M Corp. as the operator. Citra and Metro O&M are units of San Miguel Holdings Corp.
SEMME is a part of the Metro Manila Expressway or the Metro Manila Circumferential-6 Road Expressway that San Miguel Corp. will build along with PNCC.
San Miguel said last year it would undertake the P554-billion expansion of toll roads under an existing joint venture with PNCC.
The expanded road network will include extension of Metro Manila Skyway Stage 3 project and the Metro Manila Expressway, or C6/Skyway Stage 4. SMHC and PNCC are joint venture partners in Citra Central Expressway Corp. and Citra Intercity Tollways Inc., the concession companies of Skyway Stages 3 and 4, respectively.
PNCC, through its legislative franchise, has the authority to construct, maintain and operate the South Luzon Expressway and Skyway Stages 1, 2, 3 as well as all extensions, linkages or stretches from any part of the existing toll roads.
“Within the next year or so, we hope that work can begin on the extension of SLEx, Skyway Stage 3 and C6. We have within our agreement all the extensions that will help us create an entire seamless network of roads and expressways connecting Metro Manila to neighboring provinces. We will operate, between us, the most extensive network of Philippine tollways,” San Miguel president and chief operating officer Ramon Ang said earlier.
Ang said San Miguel and PNCC were ready to do their share to meet President Duterte’s call for greater private investment in order to usher in a “golden age of infrastructure.”