spot_img
28.5 C
Philippines
Friday, November 15, 2024

NEDA to approve TPLEX extension

The Department of Public Works and Highways said it expects the National Economic and Development Authority board to approve the proposal of San Miguel Corp. to extend Tarlac-Pangasinan-La Union Expressway to San Juan, La Union in the first quarter.

“We plan to get approval from NEDA to approve it by first quarter,” Public Works Secretary Mark Villar said. 

- Advertisement -

The agency earlier granted an original proponent status to San Miguel Holdings Inc. which offered to build the P23.95-billion TPLEX extension to San Juan.

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 expected to be completed this year, while its Pozorrubio section opened in December 2017.

The extension project would 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 and the last segment will run 18.4 km from Naguilian to San Juan.

LATEST NEWS

Popular Articles