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Project Description : |
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Extension of the existing SLEx from Sto. Tomas,
Batangas Province to Lucena City, Quezon Province |
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Vital link to provide access to Quezon Province as well
as Region V. It will contribute to socio-economic
development of areas traversed and Bicol Region |
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Decongest traffic at Daang Maharlika |
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2
lanes, length 47.8 km |
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Implementation Schedule : |
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2013 -2016 |
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Project Cost : |
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PhP 9.5 Billion
(US$ 211.11 Million)
(1US$ =Php 45.00) |
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Project Status : |
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SLTC announced to start Detailed
Design in 2010 |
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SLTC to finance, design, construct,
operate and maintain the project and turn it over to
the Government after concession agreement |
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Government to issue Supplemental Toll
Operation Agreement (STOA) to SLTC to operate the
facility as a toll road by collecting tolls to
recover its investment with the agreed rate of
return |
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