Wednesday 19 June
Dec 18, 2018 @ 18:36

San Miguel unit gets OPS for P24B TPLEX expansion

 

The Department of Public Works and Highways granted original proponent status to San Miguel Holdings Corp. for the P23.95 billion extension of the Tarlac-Pangasinan-La Union Expressway to San Juan, La Union.

San Miguel’s unsolicited project involves a 59.4-kilometer four-lane toll road from the exit of TPLEx in Rosario to San Juan.

The Rosario section of the expressway is targeted for completion this year while the Pozorrubio section opened in December 2017.

It will be divided into three segments, with the first segment spanning 18 km from Rosario to Tubao. The second segment will stretch 23 km from Tubao to Naguilian while the last segment will run 18.4 km from Naguilian to San Juan.

The project is intended to promote the development of Northern Luzon and facilitate connectivity to Central Luzon and Metro Manila through high-speed and secured access.

San Miguel’s Private Infra Dev Corp. holds the concession for TPLEx, an 88.85-km, four-lane, high-speed toll road that connects Northern Luzon to Manila. It is designed to integrate with other major toll roads such as the North Luzon Expressway and the Subic-Clark-Tarlac Expressway.

TPLEx reduced travel time from Tarlac City to Gerona from 45 minutes to 10 minutes, benefitting 8,000 vehicles per day.

It also cut travel time from Tarlac City to Paniqui, Tarlac from one hour to 15 minutes.

The travel time from Tarlac to Urdaneta was also cut from two hours to 30 minutes.

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