San Miguel, DMCI units sign deal over NAIA Expressway

A unit of DMCI Holdings Inc. has partnered with a subsidiary of San Miguel Corporation to build the Ninoy Aquino International Airport (NAIA) Expressway Project, a public-private partnership (PPP) project.

 

In a disclosure to the Philippine Stock Exchange on Monday, DMCI said its construction subsidiary D. M. Consunji Inc. signed an agreement with Vertex Tollways Devt. Inc., a wholly owned subsidiary of San Miguel Holdings Corporation for the engineering, procurement and construction contract of the NAIA Expressway.

 

DMCI said the contract covers about 2.2 kilometer of at-Grade works within the Entertainment City area and a four-lane 5-km elevated viaduct connecting to the existing Skyway.

 

The Phase II Works comprise the design and construction of the viaduct extension from the existing Phase I (near NAIA Terminal 3) to Roxas Boulevard, Diosdado Macapagal Boulevard and NAIA Terminals 1 and 2 over Sales Road, Andrews Avenue, Domestic Airport Road, NAIA Road and Imelda Avenue, and includes on and off ramps, connection ramps and provision for toll plazas.

 

Last April, SMC won the bidding the Department of Public Works and Highways (DPWH) biding for the 10-kilometer NAIA Expressway project.

 

The four-lane, 7.75-kilometer elevated expressway and 2.22 km feeder road is expected to ease traffic going to the airport, link NAIA Terminals 1, 2 and 3 to PAGCOR Entertainment City—the integrated casino, hotel, retail and entertainment area—to the reclaimed land along Manila Bay.

 

It will also link the South Luzon Expressway's Skyway and the Manila-Cavite Toll Expressway.

 

The project involves the improvement of Phase 1—completed by SMC’s Citra Metro Manila Tollways Corporation when it constructed an off-ramp leading to Terminal 3—the construction of Phase 2, the construction of  feeder roads leading to and from PAGCOR Entertainment City, as well as the and operation and maintenance of the road network.

 

Apart from the NAIA Expressway, the government has rolled out two other PPP projects: the 4-kilometer road that will link Daang Hari road in Cavite to the South Luzon Expressway—won by Ayala Corporation for P902 million in 2011— and the P16.42-billion Phase 1 of the School Infrastructure project bagged by Citicore Holdings Investment Inc.-Megawide Construction Corp. Inc. and BF Corp.-Riverbanks Development Corp. consortium. — Danessa Rivera/VS, GMA News