Connect with us

Hi, what are you looking for?

Captain Of Success
Top Stories

Stock Markets

NALEX, SALEX construction may start this quarter — TRB

NALEX, SALEX construction may start this quarter — TRB – BusinessWorld Online

      
      
      
      
      








PHILSTAR FILE PHOTO

THE Toll Regulatory Board (TRB) said the construction of San Miguel Corp.’s (SMC) two toll road projects may start within the first quarter. 

“[For] NALEX and SALEX, the TRB targets to issue and approve the final engineering design and issue the notice to proceed. The construction will proceed in the first quarter,” TRB Executive Director Alvin A. Carullo told reporters last week. 

The two projects — the Northern Access Link Expressway (NALEX), valued at P148.30 billion, and the P152.39-billion Southern Access Link Expressway (SALEX) — are both being undertaken by SMC through SMC Northern Access Link Expressway Corp. and SMC Southern Access Link Expressway Corp., respectively. 

NALEX is divided into two phases: the first phase is a proposed 136.4-kilometer expressway connecting Metro Manila, the New Manila International Airport, and Central Luzon, while the second phase involves a demand-driven expansion from Pampanga to Tarlac City. 

SALEX is a proposed 40.65-kilometer elevated expressway network, which includes the Shoreline Express and three Metro Manila Skyway Stage extensions, according to information from the TRB website. 

The project proponents submitted their final engineering design last year, which the TRB targets to approve within the first quarter.

Mr. Carullo said Segment 1 of the South Luzon Expressway Toll Road 5 (SLEX TR5) is also expected to begin construction within the first quarter. This project is also being undertaken by SMC. 

In November last year, the TRB said it expected the implementation of these projects within the first quarter of 2025. 

The SLEX TR5 Segment 1 alignment begins at the termination point of SLEX Phase 2 in Mayao, Lucena City, Quezon, and ends in Gumaca, Quezon. 

The project is designed to have four interchanges and is valued at P28.15 billion, the TRB said. — Ashley Erika O. Jose

CEDTyClea





    You May Also Like

    Stock Markets

    GILAS PILIPINAS will sport new gear and kits this year after an end to its long-time partnership with renowned sports brand Nike. In an...

    Stock Markets

    A worker uses a microscope at an electronics manufacturing assembly plant in Biñan, Laguna, April 20, 2016. — REUTERS EXPORTS to the US are...

    Stock Markets

    PHILIPPINE STAR/EDD GUMBAN THE PHILIPPINES saw a slight improvement in its ranking in a global corruption perceptions index by Transparency International, although its score...

    Stock Markets

    VICE-PRESIDENT SARA DUTERTE-CARPIO — FACEBOOK.COM/MAYORINDAYSARADUTERTEOFFICIAL SENATORIAL CANDIDATES in this year’s midterm elections should disclose their stance on Vice-President Sara Duterte-Carpio’s impeachment, lawmakers said on...

    Disclaimer: CaptainOfSuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.