Slex Concession Agreement

Universal LRT Corp. (BVI) Ltd. (ULC) is a project dealer. www.skywayslexrfid.com e-mail: jcampos@smg.sanmiguel.com.ph is currently the admission of Skyway Citra Metro Manila Tollways Corporation (CMMTC); while skyway O-M Corporation (SOMCO) is operating. Mark A. Villar, Secretary of DPWH, presided over the signing of the PPP project concession agreement with the representative of the private partner, President and CEO Rodrigo E. Franco of Manila North Tollways Corporation. SMC has completed its renovation and modernization by the Manila North Harbour Port, Inc. (MNHPI) dealership; which has the exclusive and exclusive right to manage, operate, develop and maintain the port. Vertex Tollways Development Inc. (VTDI), a wholly-adf subsidiary of SMC, is the dealer of NAIAX; and began operating in December 2016.

Star Infrastructure Development Corp. (SIDC) is the dealer of STAR Tollway; while operation and maintenance are carried out by Star Tollway Corp. (STC). Private Infra Dev Corp (PIDC) owns the TPLEX concession. The fast lane is an 88.85 km, four-lane, high-speed toll highway that connects Northern Luzon to Manila. It has been designed to integrate other major toll roads such as NLEX and SCTEX. Work began in 2010. South Luzon Tollway Corporation (SLTC) is a SLEX dealer and is currently operated by Manila Toll Expressway Systems, Inc. (MATES).

Two months after the North Luzon Expressway-South Luzon Expressway (NLEX-SLEX) Connector Road Public-Private Partnership (PPP) awarded the north Luzon Expressway-South Luzon Expressway (NLEX) to Manila North Tollways Corporation (MNTC), Department of Public Works and Highways (DPWH) and MNTC, LUZON TOLLWAY CORP (SLTC) is a joint venture of MTD Manila Expressways, Inc. and Philippine National Construction Corp (PNCC). Under a complementary toll agreement (STOA) with the Philippine government, SLTC, as an investor, has committed to carry out all necessary work on the SLEX project, including its overall financing, without state guarantees, and to recover its investments in the form of tolls imposed by Manila Toll Expressway Systems, Inc. (MATES), its operating and maintenance company. By agreement, the project consists of two (2) phases – the first phase included the road linking the Alabang viaduct (Route 1) to Calamba, Laguna (toll 2) and Calamba, Laguna to Sto. Tomas, Batangas (Route 3). The initial cost of the project for Phase 1 is Php. 8.5 B.Phase 2 consists of a new road connecting Makiling, Laguna to Lucena, Quezon province. Work on Phase 2 has not yet begun. The SLTC – SLTC concession period was granted at a 30-year concession period from February 2006 (the date of the signing of the STOA and its approval by the President of the Republic of the Philippines) until February 2036.

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