NLEX Corp. announced on Wednesday that it targets to complete the first five kilometers of its P23-billion connector road project in the first quarter next year.
The company said in an e-mailed statement that the first section of the eight-kilometer NLEX Connector project is now 45% finished.
Caloocan Interchange to España Boulevard is the first section of the project.
The eight-kilometer toll road project aims to link the tail of NLEX Harbor Link Segment 10 at Circumferential Road 3 (C3), Caloocan City to Polytechnic University of the Philippines in Sta. Mesa, Manila.
“Once completed, the NLEX Connector will have four toll plazas and interchanges in C3 and España,” the company said.
“It is expected to serve 35,000 motorists daily and provide better access to Manila Ports and airports such as NAIA (Ninoy Aquino International Airport) and Clark,” it added.
The project is seen to enable faster transport of goods and services between Metro Manila and Luzon provinces.
NLEX Corp. is under Metro Pacific Tollways Corp., the tollways unit of Metro Pacific Investments Corp., one of three key Philippine units of Hong Kong-based First Pacific Co. Ltd., the others being Philex Mining Corp. and PLDT, Inc.
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