NLEX Corp. is hoping to complete four projects this year after the opening of North Luzon Expressway (NLEx) Harbor Link Segment 10 was delayed.
In a statement late Tuesday, the operator of NLEx and Subic Clark Tarlac Expressway (SCTEx) said it expects at least four projects to be finished by 2019: additional SCTEx toll lanes in San Fernando, Mexico, and Angeles; expanded connecting ramps of NLEx-SCTEx; a new NLEX Drive & Dine service facility; and the NLEx Harbor Link Segment 10.
“Continuous improvement, whether in infrastructure or service, has been and will always be our focus. 2019 will be even better for everyone as big-ticket projects are set for completion this year,” Metro Pacific Tollways Corporation (MPTC) President and Chief Executive Officer Rodrigo E. Franco said in the statement.
MPTC is the holding company of NLEX Corp., and the tollways unit of Metro Pacific Investments Corp. (MPIC).
Last week, the Department of Public Works and Highways (DPWH) said the main line of the NLEx Harbor Link Segment 10 is seen to launch this month, which will connect Karuhatan in Valenzuela City to C3 road in Caloocan City. It is designed to also have a spur road from C3 to Radial Road 10 (R-10) in Navotas City.
NLEX Corp. reported it was able to finish more than 20 projects in 2018, most notable are the new Mabiga Interchange in SCTEx, Sta. Ines-Magalang Exit in NLEx, and the additional lane in San Fernando Interchange Northbound Exit in Pampanga.
“2018 was a productive year for us as we were able to build more roads that helped us provide travel convenience and establish stronger relationships with our stakeholders,” Mr. Franco was quoted as saying.
MPIC is one of three key Philippine units of Hong Kong-based First Pacific Co. Ltd., the others being Philex Mining Corp. and PLDT, Inc. Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has a majority stake in BusinessWorld through the Philippine Star Group, which it controls. — Denise A. Valdez

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