PNoy to launch P26.7-B Skyway project to connect SLEX to NLEX
President Benigno S. Aquino III will launch today the P26.7-billion Metro Manila Skyway Stage 3 project meant to connect the South Luzon Expressway via Makati to the North Luzon Expressway and decongest major thoroughfares such as EDSA.
The Skyway, which is expected to be completed in 36 months, is a project of Citra Central Expressway Corp. (CCEC), a joint venture of Indonesian firm, Citra Lamtoro Gung Persada and Philippine National Construction Corp. (PNCC) in partnership with San Miguel Corporation (SMC).
Specifically, the project involves the construction of a 14.8-kilometer, 6-lane elevated expressway to link the end of the Skyway in Buendia, Makati City to Balintawak, Quezon City.
By effectively linking the South Luzon Expressway with North Luzon Expressway (NLEX), Skyway Stage 3 will ease traffic in the major thoroughfares of Metro Manila, particularly EDSA and C-5.
It will also shorten travel time from Buendia to Balintawak from 2 hours to 20 minutes or less.
Now, CCEC immediately starts mobilizing for its advance works along Osmeña Highway in Manila.
Following the construction schedule approved by the government, CCEC begins full-scale construction within the first quarter of this year and finish everything by 2016.
President Aquino formally launched the project today at the Buendia end of the elevated section of the Skyway System in Makati City.
He will be joined by Citra President Shadik Wahono, San Miguel Corp., President and COO Ramon S. Ang, and Philippine National Construction Corp. (PNCC) President, Luis Sison.