Work on Daang Hari-SLEX Link Road Project to begin next month

To be fully operational by November 2013
Apr 9, 2012 Philippine Car News - Work on Daang Hari-SLEX Link road project to begin on May 2012

Construction of the 4km Daang Hari-South Luzon Expressway Link Road Project is expected to begin next month following the signing of the concession agreement between the Department of Public Works and Highways and the project's winning bidder, the Ayala Corporation.

The Ayala Corporation bagged the project during the DPWH's open, transparent and competitive bidding at its central office in December 2011. The venture is also the very first infrastructure-building project auctioned by the administration of President Benigno Aquino III under the Public-Private Partnership (PPP) framework.

According to DPWH secretary Rogelio Singson, the Daang Hari-SLEX Link Road Project will provide not just strategic access to Cavite and Laguna but also relieve the often-congested Alabang-Zapote Road and Commerce Avenue. The project is also a key component of the department's Metro Manila Urban Expressway Network Master Plan, which intends to give the metro a high-standard highway within a 200km radius.

The Daang Hari-SLEX Link Road Project is the Ayala Corporation's initial venture in transport infrastructure under the government's PPP program. According to Ayala Corporation chairman and chief executive Jaime Augusto Zobel de Ayala, the project "will provide significant opportunities for synergies within the Ayala group, as it cuts travel time to residential and commercial projects of the Ayala group in the rapidly growing part of the metropolis."

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The Daang Hari-SLEX Link Road Project is expected to be fully operational by or before November 2013 with the Ayala Corporation operating it through the Build-Transfer-Operate arrangement for a period of 30 years.

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