SMC SLEX Inc., formerly South Luzon Tollways Corp., said its board approved a supplemental capex of P4.6 billion this year to fund projects. The company earlier allotted P7.4 billion for 2023 to partially finance the construction of an expressway from Batangas to Lucena and repair and maintain SLEX.
SMC SLEX started the construction of the 66.74-kilometer SLEX Toll Road 4 that would connect Sto. Tomas, Batangas to Lucena City in Quezon province in March 2019 The toll road will shorten the travel time from Sto. Tomas to Barangay Mayao in Lucena from the usual three hours to 45 minutes. The P26.1-billion project is expected to be completed by 2026. TR4 is a part of SLTC’s 30-year concession which will last until 2036.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gilas Pilipinas falls short against the Dominican Republic in the 2023 FIBA World CupTHE Gilas Pilipinas couldn’t get it done down the stretch, surrendering a costly 18-9 run late in the fourth, as the Dominican Republic prevailed, 87-81, in their group stage...
Source: sunstaronline - 🏆 18. / 59 Read more »
SM MALLS IN BULACAN HELP SCHOOLS GEAR UP, SUPPORT BRIGADA ESKWELA 2023SM Malls in Bulacan have once again demonstrated their unwavering commitment to education and community development through their participation in the annual Brigada Eskwela initiative. In collaboration with local educational institutions, SM City Baliwag, SM City Marilao, and SM Center Pulilan have embarked on a remarkable endeavor to refurbish and…
Source: BusinessMirror - 🏆 19. / 59 Read more »
DATE 2023 to showcase latest trends, innovations in agricultureThe 25th Davao Agritrade Expo 2023 slated on September 28 to 30, 2023 at SM Lanang Premier’s SMX Convention will showcase the latest trends and innovations in the agriculture industry. Cherrylin Casuga, chairperson of DATE 2023, on Wednesday said that the agriculture sector is currently facing ch
Source: EdgeDavao - 🏆 23. / 51 Read more »
Galing Pook opens applications for 2023 Citizenship AwardsPRESS RELEASE: Galing Pook is accepting applications until September 15, 2023
Source: rapplerdotcom - 🏆 4. / 86 Read more »
LIVE UPDATES: FIBA World Cup 2023 – August 26 gamesThe Mall of Asia Arena takes center stage in Day 2 of the Philippines' FIBA World Cup group phase with a USA-New Zealand main event, while the Araneta Coliseum opens its doors after a booming Philippine Arena kickoff
Source: rapplerdotcom - 🏆 4. / 86 Read more »
Celebs attend FIBA World Cup 2023 opening at PH ArenaA number of local personalities, celebrities and officials were spotted inside the Philippine Arena in Bocaue, Bulacan to watch and support the game between Gilas Pilipinas and the Dominican Republic on Friday, Aug. 25.
Source: manilabulletin - 🏆 25. / 51 Read more »