Negosyante News

November 22, 2024 2:23 pm

Ramon Ang Declares Continued Investments in Infrastructure Projects Critical to Country’s Recovery

 

A PORTION OF SKYWAY 3, IMG SOURCE: PORTCALLS ASIA

Ramon Ang Declares Continued Investments in Infrastructure Projects are Critical to the Country’s Recovery and Long-Term Stability as he and SMC continue to invest in infrastructure projects through 2021. Here’s an overview of their work:

SMC completed the last section of the Tarlac-Pangasinan-La Union Expressway last year, aiming to boost agriculture, tourism and trade in central and northern Luzon.

They soft-opened the 17.93km Skyway Stage 3 project which links northern and southern Luzon and allows you to bypass EDSA. Travel from the north to south expressways via Skyway 3 is estimated to take 30-minutes down from 3-hours.

They have also started work on a 1.2-km road that will connect Skyway 3 to the ongoing 8-km North Luzon Expressway connector project, a second elevated highway that will further link the northern and southern parts of Metro Manila running from C3 all the way to Sta. Mesa in Manila.

The Pasig River Expressway (PAREX) is set to be a 19.4-kilometer, six-lane elevated highway along the banks of the Pasig River that will complete the north-south, east-west link, connecting R-10 in Manila, Edsa and C5. The company hopes to complete the project as early as 2023.

SMC have also revealed proposals for major rail and road network projects to be incorporated into its P740-billion airport project in Bulacan. These include the New Manila International Airport Expressway, East Metro Manila Expressway, Calamba-San Pedro Expressway, Metro Rail Transit (MRT) 7 Road, Bulacan-Tarlac Expressway, and Bataan-Bulacan Expressway.

SMC is also looking to build a 200-megawatt solar farm on its 2,500-hectare Bulacan property, to help power the airport and support sustainable practices within the country.

“Our New Manila International Airport project will be our biggest investment in the country at P740 billion. I believe this is the biggest ever by any company in the Philippines. This will create millions of jobs, and that is what we need to build back better… We will be even more competitive as a tourism and investment destination in the region. It will also make air travel better and more affordable for more Filipinos” said, Ang.

SOURCE: Inquirer

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