Sign up | Log in



Home>>Daily News>>Philippines>>Infrastructure>>NLEX operator earmarks P19B for 2018 capex

NEWS UPDATES Asean Affairs   January 12, 2018  

NLEX operator earmarks P19B for 2018 capex

NLEX Corp., the operator of the North Luzon Expressway, has allocated P19 billion to capital spending this year to finance ongoing infrastructure projects.

“The NLEX Corporation is setting aside around P19 billion in 2018 to help solve Metro Manila’s daily traffic bottlenecks,” it said in a regulatory filing via parent Metro Pacific Investments Corp. (MPIC).

“This is in response to the government’s call for the private sector to complement the government’s massive infrastructure push under the ‘Build Build Build’ program,” it said.

The government plans to spend over P8 trillion on the golden age of infrastructure during the six-year term of the Duterte administration, largely funded by tax revenue.

NLEX Corp. noted this year’s capex will be used to construct the Harbor Link Segment 10 of the NLEX, as well as the NLEX-SLEX Connector Road.

The Harbor Link Segment 10 is a 5.7-kilometer elevated expressway which will connect McArthur Highway in Valenzuela City to C-3 Road in Caloocan City.

"When Harbor Link is fully completed, travel between the Ports of Manila and the NLEX will take only 10 minutes and will provide direct expressway access to commercial vehicles, especially heavy trucks,” NLEX Corp. said.

The company will also start constructing the NLEX-SLEX Connector Road this year, which links the two expressways.

It covers 8 kilometers of an all-elevated road over the existing PNR tracks from C-3 in Caloocan City to PUP in Sta. Mesa, Manila.

To be completed in 2021, the connector road is expected to reduce travel time between NLEX and SLEX to 20 minutes from two hours.

“These investments are aimed at supporting the government's initiatives to ease the daily traffic woes of our commuters and drive commerce,” NLEX Corp. president and CEO Rodrigo Franco said.

The company plans to undertake other infrastructure developments this year, including the Subic Freeport Expressway capacity expansion as well as a service facility and rest area along NLEX and two major traffic decongestion projects in Pampanga.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

  Today's  Stories                        January 12, 2018 
• 1,244 investment projects not yet realized: Coordinating minister Subcribe: Asean Affairs Global Magazine
• NLEX operator earmarks P19B for 2018 capex Subsribe Now !
Indonesia open for rice imports to contain prices
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

Foreign direct investments up 200% in October
China signs 19 new deals with Cambodia
Asean Analysis                  October 27,  2017
• Asean Analysis October 27, 2017
Southeast Asia from Scott Circle: Indonesian Presidential Politics Begins to Heat Up 18 Months before Elections
Advertise Your Brand

Asean Stock Watch   January 11 ,  2018

• Asean Stock Watch-January 11, 2018
The Biweekly Update
• The Biweekly Update  October 27, 2017

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand