Travel to the south would soon be faster and convenient with the construction of the four-lane, 420-kilometer South Luzon Expressway (SLEX) extension from Lucena City to Matnog, Sorsogon.
Upon the proposal of the San Miguel Corp. dated June 29, 2020, the Toll Regulatory Board (TRB) declared the SLEX and the Pasig River Expressway (PAREX) as toll road projects.
These would be constructed under a joint venture of the Philippine National Construction Corporation (PNCC) and San Miguel Holdings Corporation (SMHC).
The TRB, as mandated under Presidential Decree 1112, supervises, monitors and regulates the construction, operation and maintenance of toll facilities as well as the rates to be charged on toll roads.
TRB, an agency of the Department of Transportation (DOTr), estimated the SLEX Toll Road-5 project cost at P95.413 billion and estimated to be operational after 36 months.
An initial cost of P22.6-B is earmarked for the first segment of SLEX Toll Road 5.
PAREX, on one hand, was eyed to be completed after 24 months from start of project.
“The PNCC-SMHC Joint Venture requested that government recognize the two projects as toll road project,” affirmed Engr. Abraham Sales, TRB executive director. The partners have submitted a basic design plan for these had been submitted, he added.
Sales said the TRB has given an instruction to the technical working (TWG) group to discuss the details of the joint venture project as the basis of their concession agreements.
TRB’s TWG is composed of representatives from the DOTr, Department of Public Works and Highways, Department of Finance, and the National Economic and Development Authority. A private sector group is also included.
The TWG would discuss with the SMHC and PNCC the technical, financial, and legal details of the two projects.Sales assured the construction of the two projects would be started “within the remaining two years of the Duterte administration”.
The proposed SLEX TR5 to Matnog, that starts at the end point of toll road 4 from Sto. Tomas, Batangas to Barangay Mayao in Lucena City, has eight segments and 28 interchanges.
TR5 is from Lucena and exits at the Matnog Ferry Terminal, the jump off point to the Visayas and Mindanao.
This makes it not only convenient but also definitely faster. However, the estimated time to negotiate the expanse was not mentioned.
The segments and interchanges are: Lucena to Gumaca, 61 kms; up to Tagkawayan, 58.60 kms; to Sipocot, 61.40 kms.; to Naga City, 39.50 kms.; to Polangui) – 45.90 kms.; to Legaspi City, 33.60 kms., to Sorsogon, 57.70 kms., and to Matnog, 62.30 kms.
PAREX Elevated Toll Road
Meanwhile, the proposed 19.365-km PAREX would connect Manila with the province of Rizal, with a six-lane elevated expressway passing over the Pasig River.
PAREX starts from Radial Road 10 in Manila and will end at a connection to the South East Metro Manila Expressway at Circumferential Road 6 (C6).
TRB said PAREX would connect and utilize a 2.7-kilometer portion of the Skyway Stage 3 from Nagtahan to Plaza Azul.
The three segments of PAREX are: R-10 to Plaza Azul, 5.74 kms.; to San Juan River, 2.70 kms.; to C5 Intersection, 7.325 kms., and to C6 Intersection, 6.30 kms.