SMC Launches Toll Road Construction, Connecting Bulacan Airport Project to Pangasinan
San Miguel Corp. (SMC) has recently announced the commencement of the construction of the Pangasinan Link Expressway (PLEX), a 76.80-kilometer toll road that will connect various towns in Pangasinan to the upcoming Bulacan Mega Airport project. This significant infrastructure development is expected to bring numerous benefits to the region and enhance connectivity between different areas.
Enhancing Connectivity and Accessibility
The Pangasinan Link Expressway (PLEX) is set to provide a crucial link between Pangasinan and the Bulacan Mega Airport, which is under the leadership of San Miguel Corp. With the construction of the PLEX, residents and travelers in Pangasinan will have direct access to the new Manila International Airport, reducing travel time and improving overall accessibility.
The PLEX will connect to the Tarlac-Pangasinan-La Union Expressway (TPLEX) at the Binalonan exit, creating a seamless connection between the two expressways. This strategic link will not only benefit passengers traveling to and from the airport but also facilitate the movement of goods and services, boosting economic growth in the region.
Promoting Regional Development
The joint venture between San Miguel Corp. and the Pangasinan province aims to promote regional development and unlock the potential of Pangasinan's local industries, agriculture, and tourism. The first phase of the PLEX, spanning 42.76 kilometers, will significantly reduce travel time, allowing commuters to reach their destinations in just 20 to 30 minutes.
By providing efficient transportation infrastructure, the PLEX will facilitate the growth of industries in Pangasinan, making it an attractive destination for businesses and investors. Additionally, the improved accessibility will benefit the agriculture sector by enabling the timely transportation of goods to markets, increasing productivity and profitability for farmers.
Furthermore, the enhanced connectivity brought about by the PLEX will have a positive impact on the tourism industry in Pangasinan. Visitors will have easier access to popular tourist destinations, such as the Hundred Islands National Park and the pristine beaches along the coast. This, in turn, will contribute to the local economy and create employment opportunities for the residents of Pangasinan.
Timely Completion and Revenue Sharing
San Miguel Corp. is committed to ensuring the timely completion of the Pangasinan Link Expressway (PLEX) project. With their expertise and experience in infrastructure development, they aim to deliver a high-quality toll road that meets the needs of the community.
Moreover, the joint venture between San Miguel Corp. and the Pangasinan province includes a revenue-sharing agreement. This means that the province will not incur any costs for the construction of the PLEX, and any revenue generated from toll fees will be shared between San Miguel Corp. and the local government. This arrangement ensures that the project is financially sustainable and mutually beneficial for all parties involved.
In conclusion, the construction of the Pangasinan Link Expressway (PLEX) marks a significant milestone in enhancing connectivity and promoting regional development in Pangasinan. With its direct link to the Bulacan Mega Airport and improved accessibility, the PLEX will not only benefit travelers but also stimulate economic growth, support local industries, and boost tourism in the province. San Miguel Corp.'s commitment to timely completion and revenue sharing further ensures the success and sustainability of this infrastructure project.
