SCTEX Interchange eyed in Hermosa, Bataan — BCDA
The government is looking to collaborate with the NLEX Corp. to put up a road interchange linking Hermosa, Bataan to the Subic-Clark-Tarlac Expressway (SCTEX), the Bases Conversion and Development Authority (BCDA) said Monday.
According to the BCDA, the interchange will be a joint collaboration with the Department of Public Works and Highways (DPWH), NLEX Corp., and the local government of Hermosa, as part of the long-term development strategy to boost regional connectivity along the SCTEX.
'More than just an infrastructure, this interchange will unlock a new gateway to economic opportunities for Central Luzon — providing much-needed support for the region's growing logistics and manufacturing sectors, and generating more jobs for Filipinos,' BCDA president and chief executive officer Joshua Bingcang said in an emailed statement.
'In support of the Luzon Economic Corridor initiative, the enhancement of SCTEX will drive industrial growth and strengthen the region's role as a key engine of national progress,' he added.
The SCTEX — a 94.62-kilometer expressway connecting Tipo, Subic and La Paz, Tarlac — involves a 35-year concession agreement between the BCDA and the Pangilinan-led NLEX Corp. Under the current agreement, each party receives 50% of the revenues.
Aside from the SCTEX, NLEX Corp. also operates the North Luzon Expressway (NLEX), the Manila-Cavite Toll Expressway (CAVITEX), the Cavite-Laguna Expressway (CALAX), and the Cebu-Cordova Link Expressway (CCLEX), and the NLEX Connector. — RSJ, GMA Integrated News
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SCTEX Interchange eyed in Hermosa, Bataan — BCDA
The government is looking to collaborate with the NLEX Corp. to put up a road interchange linking Hermosa, Bataan to the Subic-Clark-Tarlac Expressway (SCTEX), the Bases Conversion and Development Authority (BCDA) said Monday. According to the BCDA, the interchange will be a joint collaboration with the Department of Public Works and Highways (DPWH), NLEX Corp., and the local government of Hermosa, as part of the long-term development strategy to boost regional connectivity along the SCTEX. 'More than just an infrastructure, this interchange will unlock a new gateway to economic opportunities for Central Luzon — providing much-needed support for the region's growing logistics and manufacturing sectors, and generating more jobs for Filipinos,' BCDA president and chief executive officer Joshua Bingcang said in an emailed statement. 'In support of the Luzon Economic Corridor initiative, the enhancement of SCTEX will drive industrial growth and strengthen the region's role as a key engine of national progress,' he added. The SCTEX — a 94.62-kilometer expressway connecting Tipo, Subic and La Paz, Tarlac — involves a 35-year concession agreement between the BCDA and the Pangilinan-led NLEX Corp. Under the current agreement, each party receives 50% of the revenues. Aside from the SCTEX, NLEX Corp. also operates the North Luzon Expressway (NLEX), the Manila-Cavite Toll Expressway (CAVITEX), the Cavite-Laguna Expressway (CALAX), and the Cebu-Cordova Link Expressway (CCLEX), and the NLEX Connector. — RSJ, GMA Integrated News
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