NLEx, San Fernando City update traffic management agreement

NLEX Corp. and the city government of San Fernando, capital of Pampanga province, have signed a new traffic management agreement to keep up with developments at the interchange, one of the busiest along the North Luzon Expressway. In a statement on Monday, NLEx Corp. said the agreement is an updated version of the first one signed in 2009 in consideration of infrastructure changes such as the expansion of the interchange bridge and additional lanes toll lanes. “Both parties will establish measures for efficient traffic management to further improve the safety and security of the public. The agreement includes the management of traffic flow, enforcement of traffic rules, and security control within the San Fernando Interchange. It also involves regular consultation between the two parties on projects and programs that may affect the area,” the company said. NLEx Corp. is under Metro Pacific Investments Corp., one of three Philippine subsidiaries of Hong Kong’s First Pacific Co. Ltd., the others being PLDT, Inc. and Philex Mining Corp. Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., maintains an interest in BusinessWorld through the Philippine Star Group.