SMC, MPIC tap DMCI for road project
MANILA, Philippines — Two big groups behind separate road projects that will link the North and South Luzon expressways have agreed to tap D.M. Consunji Inc. (DMCI) to construct a common alignment road.
A BusinessMirror report quoted Transportation Secretary Joseph Abaya as saying DMCI has been chosen as contractor for the common alignment road, which will be shared by the NLEX-SLEX connector road projects of San Miguel Corp.-backed Citra Metro Manila Tollways Corp. and Metro Pacific Tollways Corp. (MPTC). MPTC is a unit of Manuel Pangilinan-led Metro Pacific Investments Corp.
Abaya said both camps are confident to work with their long-time consultant DMCI, the construction arm of DMCI Holdings Inc., for the design and engineering of their projects' common segment.
MPTC president Ramoncito Fernandez confirmed that his company and SMC-Citra "agreed on DMCI... subject to certain conditions."
The 5-kilometer shared segment — from Buendia Avenue to the Polytechnic University of the Philippines Santa Mesa, Manila campus — will cost P7 billion.
Pangilinan earlier said his group would shoulder 37.5% of the cost, and SMC-Citra would cover the balance.
MPTC's connector road project consists of a 13.4-kilometer, 4-lane elevated expressway along the Philippine National Railway tracks with exits in Quirino and España.
SMC-Citra's project proposal calls for a 14-km, 6-lane tollway with exits in Quirino, Aurora Boulevard, E. Rodriguez Avenue, Quezon Boulevard, Sgt. Rivera, and Balintawak in Quezon City. – Rappler.com