Home Headlines P1.6-B agreement for SFEx expansion project signed

P1.6-B agreement for SFEx expansion project signed

1010
0
SHARE

CITY OF SAN FERNANDO – A P1.6-billion Subic Freeport Expressway (SFEx) Capacity cExpansion Project was recently signed by NLEx Corp. and Sta. Clara International Corp.

The project entails the construction of new expressway lanes, bridges, and a tunnel.

The SFEx Capacity Expansion is seen to improve traffic in the area and promote road safety as the new lanes will segregate northbound and southbound motorists along separate carriageways. It will also complement the Subic Bay Metropolitan Authority’s (SBMA) infrastructure development program which includes the improvement of airport and seaport, the widening of roads, and the construction of an SBMA Corporate Center.

Leading the contract signing are NLEx Corp. president and general manager J. Luigi L. Bautista, NLEx Corp. chief operating officer Raul L. Ignacio and Sta. Clara International Corp. chairman and managing director Nicandro G. Linao.

The project involves the construction of two additional expressway lanes, two new bridges at Jadjad and Argonaut, and a tunnel which aims to better accommodate the growing number of vehicles going in and out of the Subic Bay Freeport.

In addition, expressway- standard LED lights will be installed to keep the SFEx safe and convenient for motorists, particularly for those driving at night.

Other signatories to the contract are NLEx Corp. chief finance officer Ma. Theresa O. Wells and Sta. Clara International Corp. deputy managing director Fernando Delgado as Department of Transportation consultant Alberto Suansing stood as witness.

LEAVE A REPLY

Please enter your comment!
Please enter your name here