NLEX ROAD WIDENING CONTRACT SIGNING
Date Posted : March 02, 2016
The Manila North Tollways Corporation (MNTC), builder and concessionaire of the NLEX, recently signed a contract with First Balfour, Inc. and Haidee Construction and Development Corporation/4B Contruction Corporation (Joint Venture) for the P2.6-billion NLEX road widening project. The contract signing signals the start of construction of the widening project aimed at addressing the increase in the volume of vehicles using the 93-kilometer tollway connecting Metro Manila to Central and North Luzon. Leading the contract signing are MNTC president and CEO Rodrigo Franco (center seated), First Balfour executive vice president Rey Villar (3rd from left seated) and HCDC president and authorized managing officer of the joint venture Rommel Concepcion (5th from left seated).
The road-widening project, which will start this month, will expand the existing two-lane portion of NLEX between Sta. Rita and San Fernando to three lanes on both the northbound and southbound sides, while the current one-lane stretch between Dau and Sta. Ines will be expanded to two lanes on both sides.
Other signatories to the contract are (from left to right seated) MNTC chief financial officer Theresa Wells, First Balfour executive committee member Dr. Fiorello Estuar, MNTC chief operating officer Raul Ignacio, 4BCC vice president for sales Randy Viacrusis, and 4BCC vice president for administration and finance Eric Viacrusis.