A tollway company of the Pangilinan group is targeting to jumpstart the construction of two projects, coupled with the completion of the ₱23-billion NLEX Connector road this year.
"As the company ends 2021 with a positive note, we welcome 2022 with optimism as there are big-ticket projects that we will complete and commence this year," NLEX Corporation President and General Manager J. Luigi L. Bautista said in a statement Saturday.
While works on the NLEX C5 Link Mindanao Avenue-Quirino Highway Section were supposed to start in the second half of 2021, the company said the ₱2-billion project will be pursued this year.
The two-kilometer expressway section seeks to connect the Mindanao Avenue toll plaza and Quirino Highway in Novaliches, Quezon City. This 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.
Once the whole NLEX C5 Link is operational, travel time between Mindanao Avenue and Commonwealth Avenue would be reduced from 45 minutes to just 10 minutes.
The company will also establish the third bridge at the Candaba Viaduct, expanding its capacity to four lanes per direction.
Meanwhile, the multibillion-peso NLEX Connector is expected to be finished this year, providing players in the logistics sector an option to avoid traffic congestion along EDSA and C5.
The 8-kilometer NLEX Connector will pass through 5th Avenue/C3 Road, España Blvd. all the way to Sta. Mesa, Manila.
NLEX Corporation is a unit of the Metro Pacific Tollways Corporation, the toll road arm of the Metro Pacific Investments Corporation.
Aside from NLEX, the firm also operates the Subic-Clark-Tarlac Expressway.
https://cnnphilippines.com/business/2022/1/8/NLEX-readies-big-ticket-projects-for-2022.html
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