The head of the country’s largest conglomerate said the expanded 29-kilometer stretch, running from Susanna Heights in Muntinlupa to Calamba, Laguna, is expected to alleviate traffic congestion during the holiday season.
San Miguel Corp., led by tycoon Ramon Ang, and Ayala Greenfield Development Corp., led by the Zobel family, struck a deal for the Ayala Greenfield Interchange, allowing easier expressway access and less congestion in Southern Luzon by next year.
The preemptive release of water from Wawa Dam in Rizal at the height of Super Typhoon Carina last week helped mitigate flooding in the low-lying areas of the province and easter Metro Manila, the company that manages the joint venture project said over the weekend.
The United States Agency for International Development and the PPP Center have agreed to work together to create a strong pipeline of public-private partnership projects for local governments and other partners.
The National Economic and Development Authority Board approved the negotiated parameters, terms, and conditions for the Bohol-Panglao International Airport Project and modifications to the terms for the Laguindingan International Airport Project.
The soon-to-be-constructed extension of the Tarlac-Pangasinan-La Union Expressway (TPLEx) will cut in half travel time from the tollroad’s northernmost point to the Philippines’ “Surfing Capital of the North” in San Juan, La Union, the head of the conglomerate that will build it said.