Connect with us

Hi, what are you looking for?

News

NLEX to start third Candaba viaduct, set to finish connector’s first section

NLEX Corp., a unit of Metro Pacific Tollways Corp. (MPTC), announced on Tuesday that it targets to start the implementation of its Candaba Third Viaduct project in the first quarter of the year.

“The project will expand the five-kilometer bridge from existing three lanes without a shoulder to three lanes with inner and outer shoulder per direction,” NLEX Corp. said in an e-mailed statement.

The project is seen to enable faster journeys as it will increase the maximum speed at the viaduct from 60 kilometers per hour (kph) to 80kph.

“Also in the pipeline is the construction of new expressway lanes in Pampanga from San Fernando to Subic–Clark–Tarlac Expressway (SCTEX) Spur in Mabalacat,” NLEX Corp. said.

The company is also undertaking an eight-kilometer connector project from Caloocan Interchange on C3 Road up to the vicinity of the Polytechnic University of the Philippines in Sta. Mesa, Manila.

The project is expected to decongest major thoroughfares in the capital region.

“Its first section between Caloocan and España interchanges is at 94% completion and expected to open within the first quarter of the year,” NLEX Corp. noted.

“The second section, connecting España and Sta. Mesa, is now 29% complete,” it added.

At the same time, the company said it plans to enhance its assets for better customer experience by undertaking regular pavement repair and bridge strengthening programs, replacement of traffic safety devices, and continuous enhancement of its toll systems.

The company is also set to install more closed-circuit television cameras along NLEX, SCTEX, and Subic Freeport Expressway, as well as upgrade the NLEX-SCTEX traffic control center.

MPTC is the tollway unit of Metro Pacific Investments Corp., one of three key Philippine units of Hong Kong-based First Pacific Co. Ltd., the others being Philex Mining Corp. and PLDT Inc.

Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has a majority stake in BusinessWorld through the Philippine Star Group, which it controls. — Arjay L. Balinbin

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

News

REUTERS/JOHANNES P. CHRISTO/FILE PHOTO SINGAPORE/WASHINGTON – The International Monetary Fund on Tuesday raised its 2023 global growth outlook slightly due to “surprisingly resilient” demand...

News

MVGS founding partners Attys. Eduardo A. Martinez, Manuel Z. Gonzalez and Mark O. Vergara By Angela Kiara S. Brillantes Despite the past years under...

News

Customers of Smart Communications, Inc. (Smart) and value brand TNT may go to SM Supermalls across the country to register their SIMs and comply...

News

Photo from pco.gov.ph Food is a basic human necessity, and everyone needs food to live. However, providing enough food security and, moreover, nutrition security...

News

The World Economic Forum (WEF) concluded its Annual Meeting for this year last Jan. 20, after a five-day convention of government and business leaders...

News

MVGS founding partners Attys. Eduardo A. Martinez, Manuel Z. Gonzalez and Mark O. Vergara By Angela Kiara S. Brillantes Despite the past years under...

You May Also Like

News

COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...

News

REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...

News

BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...

News

KARASOLAR.COM TENA, Ecuador — Ecuador’s rainforest Achuar people say their ancestors long dreamed of a “fire canoe” or “electric fish” that would let them...

Disclaimer: Respect Investment.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.