Nlex Corp. sets aside ₧2B for QC expressway project
Nlex Corp. is spending P2 billion to develop a two-kilometer expressway section between Mindanao Avenue and Quirino Highway, a ranking official of the company said over the weekend.
Luigi L. Bautista, the company’s president, said the section, which will be started in the second half, will help reduce traffic congestion, particularly near the Mindanao Avenue toll Plaza.
“the construction of this new P2-billion expressway section will be welcome news for Nlex commuters who currently face daily traffic gridlock in the congested portions of Mindanao Avenue,” he said.
Bautista noted that his will help contribute to the government’s economic stimulus initiative aimed at generating more jobs and helping revive the economy amid the Covid-19 pandemic.
“eventually, this section will be integrated into the future Nlex expansion to C5 /C.P. Garcia near Katipunan Avenue. We foresee an interconnected tollway network that will be accessible to the west, east, north, and south sides of Metro Manila,” he said.
the project 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. Aside from regular commuters, the project will also cater to cargo trucks, haulers, and other commercial vehicles that ply routes between Manila and Navotas.
the entire Nlex-c5 Link project is expected to benefit 45,000 motorists daily and cut travel time between Mindanao Avenue to Commonwealth Avenue to 10 minutes instead of the usual 45 minutes.
Last month, the company said construction along the first 5-kilometer section of the NLEX Connector, between Caloocan and españa interchanges, is in full swing and has reached Abad santos street
and Blumentritt in Manila.
this latest Metro Manila elevated expressway section is being constructed inside the Philippine National Railways (PNR) tracks between Harbor Link-caloocan interchange along C3 Road/5th Ave. and españa Blvd. in sampaloc, Manila. this section will have on and off ramps in españa interchange and will make NLEX directly accessible to the heart of Manila.
Nlex, a subsidiary of the Metro Pacific tollways Corp., is engaged in the development, design, construction, finance, operation and management of toll road projects.
it is the builder-concessionaire and operator of two major expressways that link Metro Manila to North and Central Luzon: NLEX and sctex. stretching over 190 kilometers, the NLEX-SCTEX facilities operate 24/7 accommodating more than 200,000 motorists per day.