Monday, June 28, 2021

NLEX to spend ₱2B for new Quezon City extension project

By Lisbet Esmael, CNN Philippines


NLEX Corporation is allotting ₱2 billion to build a new two-kilometer expressway section between Mindanao Avenue and Quirino Highway in Novaliches, an official said over the weekend.


"The construction of this new ₱2-billion expressway section will be welcome news for NLEX commuters who currently face daily traffic gridlock in the congested portions of Mindanao Avenue," NLEX Corp. president Luigi L. Bautista was quoted as saying in a statement.


Construction is eyed to begin within the second half of 2021, the firm noted.


"Eventually, this section will be integrated into the future NLEX expansion to C5/C.P. Garcia near Katipunan Avenue. We foresee an interconnected tollway network that will be accessible to the west, east, north, and south sides of Metro Manila," Bautista added.


The top executive also said the infrastructure project could create more jobs, propping up the pandemic-battered economy, especially since Metro Manila contributes 32 percent of the Philippine economy.


Once operational, the logistics sector could also benefit from the project as container cargo trucks, haulers and other commercial vehicles can ply this as an alternate route to the ports of Manila via NLEX Harbor Link all the way to the new Navotas Interchange along Mel Lopez Boulevard, R-10.


The new project is part of the 11.5-kilometer NLEX C5 Link between Mindanao Avenue, Quirino Highway, Regalado Avenue, Congressional Avenue, and C.P. Garcia Avenue in Quezon City.


Aside from NLEX, the firm also operates the Subic-Clark-Tarlac Expressway.


https://cnnphilippines.com/business/2021/6/28/NLEX-to-spend--2B-for-new-Quezon-City-extension-project-.html

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