SMC seals JV with Batangas for P48-B Nasugbu-Bauan Expressway

  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 86%

Holiday Holiday Headlines News

Holiday Holiday Latest News,Holiday Holiday Headlines

Conglomerate San Miguel Corp. signed a joint venture agreement with the Batangas provincial government to build a P45-billion expressway that will cut travel time from Metro Manila to locations within the province. | miguelrcamusINQ /PDI

“It will also reduce the usual five-hour trip to and from Manila to only two hours,” the conglomerate said.

“We have committed to deliver 70 percent of the project’s profits to the local government, once its operational, to be used to provide vital services for ourin the province. This will be key to furthering the growth of the province and improving lives and livelihood,” he added. The terminus of NBEx at Brgy. Kaylaway connects the expressway to another SMC Infrastructure project, the Cavite-Batangas Expressway, which leads to Tagaytay City and Silang, Cavite.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 3. in HOLİDAY

Holiday Holiday Latest News, Holiday Holiday Headlines