SLEX TR5, Pasig River Expressway project to start in 2 years

MANILA: Expect two more major highways to begin construction within the next two years as the TRB (Toll Regulatory Board) tags the SLEX TR5 (South Luzon Expressway Toll Road 5) and PAREX (Pasig River Expressway) developments as toll road projects.

As such, the TWG (Technical Working Group) of the TRB, composed of representatives from the DOTr (Department of Transportation), DPWH (Department of Public Works and Highways), DOF (Department of Finance), the NEDA (National Economic and Development Authority), and the private sector are now in discussion with the PNCC-SMHC (Philippine National Construction Corporation-San Miguel Holdings Corporation) Joint Venture on the technical, financial, and legal details of the SLEX TR5 and PAREX that will lead to the finalization of the concession agreement.

“The PNCC-SMHC (Philippine National Construction Corporation-San Miguel Holdings Corporation) Joint Venture requested that government recognize the 2 projects as toll road project. These have their respective basic design plan. The TRB has given an instruction to the TWG to discuss the details of the project with the JV that will be the basis of the concession agreements. We are also waiting for the JV to submit certain requirements,” TRB Executive Director Sales said.

Both the SLEX TR5 and PAREX are expected to break ground within the next two years.

The SLEX TR5 is a 4-lane divided toll road that starts from the terminal point of the SLEX TR4 Project at Barangay Mayao, Lucena City in Quezon, and ends at Matnog, Sorsogon, near the Matnog Ferry Terminal. The toll road is approximately 420 kilometers long and will be composed of eight (8) segments and a total of 28 interchanges:

• Segment 1 (Lucena to Gumaca) – 61 kilometers
• Segment 2 (Gumaca to Tagkawayan) – 58.60 kilometers
• Segment 3 (Tagkawayan to Sipocot) – 61.40 kilometers
• Segment 4 (Sipocot to Naga City) – 39.50 kilometers
• Segment 5 (Naga City to Polangui) – 45.90 kilometers
• Segment 6 (Polangui to Legaspi City) – 33.60 kilometers
• Segment 7 (Legaspi City to Sorsogon)- 57.70 kilometers
• Segment 8 (Sorsogon to Matnog) – 62.30 kilometers

SLEX TR5 has an estimated cost of Php 22.6 billion (for Segment 1 only) and has an implementation period of 24 months (for Segment 1 only).

PAREX is a 19.365-kilometer highway connecting Manila to the province of Rizal using a 6-lane elevated expressway that will traverse the entirety of the Pasig River starting from Radial Road 10 in Manila all the way to the connection to the South East Metro Manila Expressway at Circumferential Road 6 (C6).

It will also connect and utilize a 2.7-kilometer portion of the Skyway Stage 3 from Nagtahan to Plaza Azul.

Once completed, PAREX will be composed of three segments:

• Segment 1 (R-10 to Plaza Azul) – 5.74 kilometers
• Plaza Azul to San Juan River (MMSS3) – 2.70 kilometers
• Segment 2 (San Juan River to C5 Intersection) – 7.325 kilometers
• Segment 3 (C5 Intersection – C6 Intersection)- 6.30 kilometers

PAREX will cost an estimated Php 95.413 billion and will have a implementation period is 36 months.

Photo from the TRB Facebook page

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