Eric Tipan / MNTC | September 28, 2016 08:04
8-kilometer four-lane tollway will cost an estimated Php 23.2 billion
Just days after being awarded the North Luzon Expressway – South Luzon Expressway (NLEX-SLEX) Connector Road Project, Metro Pacific Tollways Development Corporation (MPTDC) submitted compliance requirements to the Department of Public Works and Highways (DPWH) which includes the estimated cost and its target completion date.
The NLEX-SLEX Connector Road Project is an eight-kilometer, four-lane elevated expressway estimated to cost Php 23.2 billion with an estimated date of completion set for September 2020.
The DPWH has previously received a "no objection" on the use of the Philippine National Railway (PNR) Right of Way from the Department of Transportation since August of 2012 to fast-track the completion of the said project.
It will start from the end of Segment 10 of the NLEX at Circumferential Road 3 (C-3) in Caloocan City connecting to the Polytechnic University of the Philippines campus in Sta. Mesa with a common point at the Metro Manila Skyway Stage 3.
Designed to have two interchanges at C-3 Road and España, Manila, the NLEX-SLEX Connector Road is expected to reduce travel time from 1.5 to 2 hours to only 15-20 minutes.
Next activity after the issuance of Notice of Award will be the signing of Toll Concession Agreement.