NLEX Corporation invests P6.9-B in expressway projects

NLEX Corporation

The NLEX Corporation said that it has already invested P6.9 billion  to ensure the safety and improved mobility of motorists using the North Luzon Expressway (NLEX) and Subic-Clark-Tarlac Expressway (SCTEX).

KEY TAKEAWAYS

  • What was the investment for?

    The NLEX Corporation said that the amount was used to ensure the safety and improved mobility of motorists using the North Luzon Expressway and Subic-Clark-Tarlac Expressway.
  • What projects comprise the P6.9 billion investment of the NLEX Corporation?

    The amount covers the P3.4 billion for the capital expenditures and P3.5 billion annual pavement maintenance programs since 2015 up to the present.
  • In a statement, the tollway company shared that it has spent P3.4 billion for the capital expenditures and P3.5 billion for the annual pavement maintenance program and other routine repairs from 2015 up to present.

    “Over the past seven years, we have completed many enhancement projects that strengthened our commitment to deliver quality service to our motorists,” NLEX Corporation President and General Manager J. Luigi Bautista said.

    Lighting upgrade at NLEX

    He cited that amid the challenges and even during the height of the pandemic, the company has continuously implemented projects. The improvement includes roads, bridges, traffic devices, roadway lights, signs, pavement, toll collection system, drainage, fence and landscaping. Meanwhile, the annual maintenance works cover pothole repair services, asphalt overlays, crack sealing, and pavement marking enhancements.

    The NLEX Corporation cited that one of its notable projects is the NLEX-SCTEX integration, which involved the conversion of toll collection into a single system that resulted in reduced toll collection stops and faster travel time from Balintawak to Subic/Tarlac and back.

    NLEX Harbor Link Interchange

    The aforementioned program also led to the modernization of the SCTEX’s features as it now has closed-circuit television (CCTV) cameras and upgraded traffic control center.

    The tollway operator noted that it holds the concession for the management, operation, and maintenance of the SCTEX being the private sector partner of the Bases Conversion and Development Authority (BCDA).

    Earlier, the company announced that it is targeting to complete within the year the NLEX Connector and start the construction of NLEX-C5 Link Mindanao Avenue-Quirino Highway Section and the Candaba third viaduct.

    Photos from NLEX Corporation

    Also read:

     NLEX-SCTEX roadworks to start this Feb.

    NLEX Corporation starts repairs on Pampanga bridges

    NLEX Corp. is 1st PH tollway operator to receive ISO 39001 for road traffic safety

    Read All

    Featured Articles

    Recommended Articles For You

    Read All

    Featured Cars

    • Upcoming