Wednesday, December 15, 2021
Nlex, CRBC ink deal for road project
NLEX Corp. said on Tuesday it has signed an agreement with China Road and Bridge Corp. (CRBC) for the civil works of the second section of the NLEX Connector, a segment that will run between Espana and Sta. Mesa in Manila.
The company broke ground for the three-kilometer elevated expressway segment on Tuesday.
“We are committed to providing the necessary right-of-way for this project as we target to complete this segment by end of 2022. Upon completion, the NLEX Connector will enable Manila Ports to have a seamless north-south connection and provide further convenience to motorists with the decongestion of major thoroughfares like Edsa and C5,” Public Works Secretary Roger Mercado said.
The entire NLEX Connector, spanning eight kilometers, uses portions of the Philippine National Railways (PNR) right-of-way. It extends the expressway southward from the NLEX Harbor Link Caloocan Interchange, 5th Avenue/C3 Road passing through España Blvd., R. Magsaysay Blvd., and eventually connecting to the Skyway Stage 3 within the vicinity of the Polytechnic University of the Philippines in Sta. Mesa, Manila.
“The Metro Pacific Group actively contributes to accelerating infrastructure development in the Philippines. This new elevated expressway hopes to support the country’s economic recovery by helping reduce traffic congestion in the metro and offering those with private cars and commercial vehicles ease of travel,” Metro Pacific Tollways Corp. President Rodrigo Franco said.
The project will enhance accessibility to international airports such as the Ninoy Aquino International Airport and Clark International Airport, help generate jobs, and stimulate development between Metro Manila and its surrounding provinces in the north and south.
Once opened, around 35,000 motorists are expected to traverse this new expressway which runs mostly above the PNR alignment.
“Together with our government partners, we remain steadfast in ramping up this high impact elevated expressway that will benefit the motoring public and nearby communities,” Nlex Corp. President Luigi Bautista said.
He added that the construction of the first five-kilometer section of the project between Caloocan and España interchanges continues to progress “with close to 60 percent completion.”
https://businessmirror.com.ph/2021/12/14/nlex-crbc-ink-deal-for-road-project/