Back in July 2016, NLEX Corporation secured a P23.2-billion deal to build, operate, and maintain the NLEX-SLEX Connector Road
MANILA, Philippines – The tollways unit of Manuel Pangilinan-led Metro Pacific Investments Corporation (MPIC) will start building a toll road connecting the North Luzon Expressway (NLEX) and the South Luzon Expressway (SLEX) by July this year.
"By June or July, we should be mobilizing by that date," Rodrigo Franco, president and chief executive officer of NLEX Corporation, told reporters on the sidelines of an event in Quezon City.
It was in July 2016 when NLEX Corporation secured a P23.2-billion deal to build, operate, and maintain the NLEX-SLEX Connector Road – an unsolicited proposal to the Department of Public Works and Highways (DPWH).
The NLEX-SLEX Connector Road would link C3 in Caloocan City to the Polytechnic University of the Philippines (PUP) campus in Sta Mesa, Manila.
Some segments, according to the Public-Private Partnership (PPP) Center, would run above the lines of the Philippine National Railways (PNR).
NLEX Corporation had earmarked P19 billion this year for the construction of the NLEX-SLEX Connector Road and the Harbor Link Segment 10.