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Consunji firm joining SMC’s Metro road bid

By Jenniffer B. Austria | Posted on July 25, 2012 | 12:02am [ ]

DMCI Holdings Inc. may team up with conglomerate San Miguel Corp. to build a road project that will connect two major expressways in the country.

DMCI president Isidro Consunji said in an interview Tuesday the company planned to tie up with San Miguel, which has proposed a 14.2-kilometer elevated road project  linking North Luzon Expressway and South Luzon Expressway.

“We may partner with San Miguel for the connector road project,” Consunji said.

San Miguel and partner Citra Metro Manila Tollways Corp. earlier proposed to construct the elevated six-lane tollway from Buendia Avenue in Makati to Balintawak in Quezon City. It will have exits in Quirino in Manila and Plaza Dilao, Aurora Boulevard, E. Rodriguez Ave., Quezon Boulevard, Sgt. Rivera and Balintawak in Quezon City.

The project is part of the 30-kilometer Metro Manila Skyway project package approved by the government in 1995.

The project aims to help decongest Edsa by accommodating a bigger vehicle capacity and providing more entry and exit points for a more flexible intercity travel.

San Miguel and Citra last year formed a joint venture company, called Atlantic Aurum Inc. Citra owns 54 percent while San Miguel controls 46 percent of the joint venture, which has secured control of the Metro Manila Skyway, the SLEX and the Southern Tagalog Arterial Road.

DMCI, through its construction arm, DM Consunji Inc., was the contractor for Skyway phase 2, which involved the construction of an elevated expressway connecting Bicutan in Parañaque to Alabang in Muntinlupa. DMCI is also San Miguel’s partner in the construction of the Tarlac-La Union Toll Expressway project.

San Miguel-Citra’s connector road is different from the 21-km. project proposed by Metro Pacific Investments Corp.

Metro Pacific earlier submitted an unsolicited proposal with the Transportation and Public Works Departments to build the project.

The project, which is now up for Swiss challenge, involves the construction of an elevated road via the Philippine National Railway tracks within the Manila Central Business District, from the end of NLEX at C3 to the beginning of Skyway 1 at Buendia.

The connector is part of the P38 billion worth of road projects that Metro Pacific Tollways plans to do over the next five years.

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