Filtered By: Money
Money

San Miguel completes Skyway Stage 3 project


Conglomerate San Miguel Corp. (SMC) on Tuesday announced that the Metro Manila Skyway Stage 3 has been completed.

In a statement, SMC president and COO Ramon Ang said the entire 17.93-kilometer stretch of the project, linking Southern and Northern Luzon, has been finished over the weekend.

The completion was done ahead of the original October 31 schedule the company earlier announced, following delays due to the COVID-19 pandemic.

“I’m happy to announce that the whole structure of Skyway 3 is now complete. With this, Skyway 2 in Buendia is now officially extended all the way to the North Luzon Expressway,” Ang said.

“After many challenges this project faced in previous years, the dream of connecting north and south and providing an alternative to EDSA is now a reality,” he said.

With Skyway Stage 3, travel from SLEx to NLEx will now only take 20 minutes, from around three hours previously.

Magallanes to Balintawak will only take about 15 minutes, Balintawak to Ninoy Aquino International Airport will be only 15 minutes, and Valenzuela to Makati in just 10 minutes.

Ang, however, said that the expressway cannot be opened to the public just yet, as finishing works, such as the proper curing of asphalt, have been delayed by continuous and heavy rains.

“We’re very excited to open Skyway 3 to the public. We just have to wait for the weather to improve so we can make sure that the asphalt will cure properly. That and a few more finishing touches are all that’s needed, and then we can open, soon,” he said.

Since COVID-19 restrictions were eased starting mid-May to June earlier this year, Ang said the company had been doubling its efforts to deliver its major infrastructure projects with the least delays possible.

In mid-July, SMC delivered the last section of the Tarlac-Pangasinan-La Union Expressway (TPLEX) to Rosario, La Union, officially opening the entire stretch of the TPLEX to motorists.

Apart from the Skyway Stage 3, the company is also looking to deliver the northbound section of the Skyway Extension, which provides additional lanes and connects the SLEx to Skyway near Susanna Heights and the Muntinlupa-Cavite Expressway—by December this year.

Ang has vowed to push through with all its major infrastructure projects despite the economic slowdown due to the pandemic, in order to generate jobs and help the economy recover.

Its P740-billion Manila International Airport project in Bulacan, said to be the largest single-item investment in Philippine history, is also set to break ground by the end of the year.

Seen as a game-changer for the Philippine economy, it will generate over a million direct and indirect jobs and, once complete, create up to as much as 30 million tourism jobs nationwide,  according to SMC.—AOL, GMA News