San Miguel Corp. to build PHL’s hybrid highway Pasig River Expressway

San Miguel Corp. to build PHL’s hybrid highway Pasig River Expressway

 

Good News for the Philippines.

Another milestone infrastructure in the pipeline that will definitely benefit all Filipinos.

The Supplemental Toll Operations Agreement (STOA) of Pasig River Expressway (PAREX) project, proposed by San Miguel Corporation (SMC), was signed by Public Works and Highways Secretary Mark Villar, Transportation Secretary Arthur Tugade, Toll Regulatory Board (TRB) Executive Director Alvin Carullo, and SMC President Ramon S. Ang on September 21 signifying the approval of the said expressway.

(photo credit to owner)


PAREX is a 19.37-kilometer, six-lane elevated road, that will run along the banks of the Pasig River, from Radial Road 10 in the City of Manila to C-6 road, also known as the future South East Metro Manila Expressway (SEMME) in Taguig.

According to SMC, PAREX will not be just an ordinary highway. “It will be the first privately-funded road network in the country that combines sustainability features with the functionality of a safe and efficient transport infrastructure that the country is sorely lacking in,” SMC said.

“It will have dedicated bike lanes, walkways, a bus rapid transit system, among others,” SMC president Ramon S. Ang said.

Ang also said that SMC is tapping the firm of the internationally-renowned architect, environmental planner, and green urbanism advocate Architect Felino Palafox Jr. to help in building the PAREX project.

“Together with Palafox and Associates, we will build what will be the country’s first sustainable infrastructure, one that will not just be ‘green’, but will have multiple uses and direct environmental, social, and economic benefits to Filipinos,” Ang said.

 

 

 

 

 

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