SMC, Pangasinan sign pact for PLEX project
MANILA: A 76.80-kilometer (km) expressway is set to be established in Pangasinan following the signing of an agreement between the San Miguel Corporation (SMC) and the province’s local government unit.
KEY TAKEAWAYS
How long is the eyed Pangasinan Link Expressway project?
The project will be 76.80 kilometers long.Who will put up the PLEX?
The expressway project is under the joint venture between San Miguel Corporation and the local government of Pangasinan.The Pangasinan Link Expressway (PLEX) project will be put up as part of SMC's plan to strengthen the road networks in Central and Northern Luzon.
Aside from that, the project — forged through the signing of a toll concession and joint venture agreement (JVA) between SMC and the local government unit — is meant to create a seamless link to the soon-to-be-launched New Manila International Airport (NMIA) in Bulacan.
“We are grateful to the Pangasinan provincial government for their passion and commitment to boost Pangasinense life through this landmark project. More than just building a major infrastructure project, we have an opportunity to improve the lives of so many of our countrymen here,” SMC President and Chief Executive Officer Ramon Ang said.
“With PLEX connecting to other infrastructure such as TPLEX, which will support access to the NMIA, this project will significantly benefit Pangasinan’s local industries, home-grown products, and agricultural sector. At the same time, the rich history, culture, and cuisine of the province will be even more accessible to more Filipinos,” he added.
The PLEX project will be made up of two phases, with the first one to be 42.76-km long from Tarlac-Pangasinan-La Union Expressway (TPLEX) exit in Binalonan to Lingayen, and the second, extending to Alaminos, Pangasinan.
Per SMC, the initial phase will have three segments: the first 6.90-km section from Binalonan to Manaoag, followed by an 11.30-km section from Manaoag to Calasiao, and the third segment, the 22.17-km section from Calasiao to Lingayen. A 2.39-km spur road will also be built in Calasiao.
Meanwhile, the second phase will be a demand-driven expansion all the way to Alaminos, Pangasinan.
Pangasinan Governor Ramon Guico III lauded the partnership, noting that the project will help boost economic activity in the province and unlock growth in different parts of Pangasinan.
“Through the PLEX, we shall have a very systematic approach in navigating Pangasinan, creating a roadmap never before imagined possible for our province,” Guico stated.
According to him, the project starting phase will cut down travel time from Binalonan to Lingayen to 20-30 minutes from the current one hour and 30 minutes or more.
“PLEX is one of the most important projects, a game-changer for Pangasinan and for this administration. This is because it is envisioned to reinvent the transportation and enrich the tourism landscape; prioritize accessibility of citizens to major towns and cities, magnify business and livelihood opportunities, multiply economic activity, build more infrastructure, and protect the environment,” he added.
For his part, Pangasinan Vice Governor Mark Lambino claimed that the forging of the agreements will establish a “better, safer road network not only in Pangasinan, but the entire Ilocos region,” saying that the pact is serves a testament to the shared commitment towards nation-building.
“We express our gratitude to San Miguel Corporation led by its visionary president and chief executive officer Mr. Ramon S. Ang for extending his hand to enter into this joint venture agreement with Pangasinan,” Lambino furthered.
Moreover, the SMC stated that PLEX will also bridge the province's east and west corridors, stimulating economic activity. SMC will shoulder the construction costs, with zero expense for national or provincial governments — with the LGU set to receive a substantial share of the project's earnings.
Photos from San Miguel Corporation
Also read:
MPTC, SMC Team Up for Construction of CBEX and NBEX
SMC plans to construct ‘super bridge’ linking Mindoro and Batangas
SMC signs deal with Batangas gov’t for Nasugbu-Bauan Expressway project
Sell your car at the best price
PIMS 2024
- Latest
- Popular
You might also be interested in
- News
- Featured Stories
- Latest
- Upcoming
- Popular
Latest Car Videos on Zigwheels
Car Articles From Carmudi
- journal
- advice
- financing
- insurance