Marcos signs PHP23.36B TPLEX Extension agreement, set for July 2025 construction
President Ferdinand R. Marcos Jr. received the signed concession agreement for the Tarlac-Pangasinan-La Union Expressway (TPLEX) Extension Project during a ceremony at Malacañang on Wednesday.
The PHP23.36-billion Public-Private Partnership project, which aims to reduce travel time from Rosario to San Juan in La Union from one hour and 30 minutes to around half an hour, will begin construction by July 2025 according to the Department of Public Works and Highways (DPWH).
San Miguel Corporation Chairman Ramon Ang highlighted that the extension builds on the success of the existing TPLEX, significantly improving travel time between Ilocos and Cordillera region, Central Luzon, and Metro Manila.
La Union Governor Raphaelle Veronica Ortega-David expressed optimism about the project's potential to boost tourism and economic activity in the province.
DPWH Secretary Manuel Bonoan announced that San Miguel Holdings Corp. and DPWH have finalized the detailed engineering design and right-of-way acquisition for the extension, which will promote regional integration and job creation in agriculture, industry, and tourism enterprises.
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