NLEX Corp. has spent around P7 billion for the upgrade, repair and maintenance of North Luzon Expressway (NLEX) and Subic-Clark-Tarlac Expressway (SCTEX), and has three major tollway projects in the pipeline this year worth P31 billion.
The company said it has spent a total of P3.4 billion as part of its capital expenditure, and P3.5 billion for the annual pavement maintenance program and other routine repairs since 2015 up to present.
These figures are apart from the following big infrastructure projects: the NLEX Harbor Link, Subic Freeport Expressway capacity expansion and the ongoing NLEX Connector Road.
“Over the past seven years, we have completed many enhancement projects that strengthened our commitment to deliver quality service to our motorists,” said J. Luigi Bautista, NLEX Corp. president and general manager.
“Despite the challenges and even at the height of the pandemic, we continuously implement our projects and focus on getting better,” he added.
The improvements cover the roads, bridges, traffic devices, roadway lights, signs, pavement, toll collection system, drainage, fence as well as landscaping. The yearly maintenance program includes pothole repair services, asphalt overlay, crack sealing works and pavement marking enhancements.
The company said among its notable projects is the integration of NLEX and SCTEX, which involved the conversion of NLEX and SCTEX toll collection systems into a single system resulting in reduced toll collection stops and travel time savings of up to 40 minutes from Balintawak to Subic/Tarlac and back.
For this year, the company’s three major infrastructure projects in the pipeline are the P23.2-billion NLEX Connector Road, P2-billion NLEX C5 Link Mindanao Avenue-Quirino Highway section and the P5.5-billion Candaba third viaduct.
Earlier, the company said it intends to complete this year the NLEX Connector and start the construction of NLEX C5 Link Mindanao Avenue-Quirino and the Candaba third viaduct.
NLEX Corp. is a subsidiary of Metro Pacific Tollways Corp., the toll road arm of Metro Pacific Investments Corp.
