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.
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| (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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