SMC’s proposed TPLEx extension project to get original proponent status
San Miguel Holdings Corp. is expected to secure original proponent status for its proposal to extend the Tarlac-Pangasinan-La Union Expressway(TPLEx) to San Juan, La Union from Rosario next month, the Department of Public Works and Highways said.
San Miguel’s P23.95 billion unsolicited proposal involves a 59.4-kilometer four-lane toll road starting from the exit of TPLEx in Rosario to San Juan.
The Rosario section of the expressway is targeted for completion this year, while the Pozorrubio section opened last December.
The project is divided into three segments with the first one spanning 18 km from Rosario to Tubao. The second segment will stretch 23 km from Tubao to Naguilian and the last segment will run 18.4 km from Naguilian to San Juan.
San Miguel said the project is expected to promote the development of Northern Luzon and facilitate connectivity to Central Luzon and Metro Manila through high-speed and secured access.
San Miguel-led Private Infra Dev Corp. holds the concession for TPLEx, an 88.85-km, four-lane, high-speed toll road that connects Northern Luzon to Manila. It is designed to integrate with other major toll roads such as North Luzon Expressway and Subic-Clark-Tarlac Expressway.