SMC: Skyway Stage 3 to open in November

Skyway Stage 3, the new expressway that will connect the North and South Luzon Expressways, will open in November, San Miguel Corporation said.

The company expects the ₱37.4-billion project to cut traffic in EDSA by half.

"I think kapag nagbukas na ‘yan nang November, ‘yung connector road from Buendia to Balintawak, ‘yung EDSA traffic, minimum 50 percent of traffic wala na," SMC President and Chief Operating Officer Ramon Ang told CNN Philippines on Wednesday.

[Translation: I think when that opens in November, the connector road from Buendia to Balintawak, minimum 50 percent of traffic in EDSA will be gone]

The 18.68-kilometer elevated expressway has eight access ramps and interchanges — along President Quirino Avenue in Malate, Plaza Dilao in Paco, Nagtahan in Manila and after Buendia in Makati. In Quezon City, there are ramps on E. Rodriguez Avenue, Quezon Avenue and Sergeant River Street.

Public Works Secretary Mark Villar earlier said the expressway will open by year-end.

The opening was earlier delayed after a portion of the Skyway collapsed due to a massive fire that hit a nearby warehouse.

CNN Philippines Correspondent Rex Remitio contributed to this report.

https://www.cnnphilippines.com/business/2020/7/16/skyway-stage-3-opens-november.html

POSCO E&C wins $290 million order for the Philippine railway base

POSCO E&C has won a $290 million (about 350 billion won) order to build a vehicle base for the Philippines' north-south railway, which was ordered by the Philippine Ministry of Transportation.

According to POSCO E&C on July 13, the project is to build a railway vehicle base in Clark, a special economic zone in the Philippines, as part of a 53km-long north-south railway construction project linking Malolos and Clark in northern Manila.

The construction period will be four years from the date of construction, and 48 buildings will be constructed on a site area of 330,000 square meters.

The Philippine government expects that the completion of the railway will drastically reduce travel time between Manila and Clark, which will contribute to boosting its economy and tourism.

POSCO E&C has been recognized for its high competitiveness by successfully constructing the Deokha car depot for the Donghae Nambu Line, Seongnam Yoju car depot and Daegu Metro car depot.

"We will be able to further solidify POSCO E&C's position in the overseas railway construction market in the future," a company official said. "We will make efforts to implement corporate citizen management ideology by solidifying partnerships with our Filipino partners."

http://www.koreaittimes.com/news/articleView.html?idxno=99010