P750M ready for 3 new interchanges
Funds amounting to P750 million for the construction of three new interchanges approved for the Subic-Clark-Tarlac Expressway (SCTEX) are available, the state-owned Bases Conversion and Development Authority (BCDA) said in a statement early this week.
Confirming reports that President Arroyo had instructed them to construct the Clark Logistics-2Interchange, the Porac Interchange in Dolores and the Basa Interchange in Floridablanca, BCDA officials said they have raised the necessary funding requirement to build the three interchanges.
These funds, the BCDA said, will be obtained from a supplemental loan the BCDA got from the Japan Bank for International Cooperation (JBIC).
All of the new interchanges, which were actually revivals of the original interchanges intended for the toll road, are in Pampanga.
The three interchanges, BCDA said, would cost between P700 and P750 million.
The President's directive to construct the three interchanges was confirmed during a high-level meeting held on November 6, 2007 at the Presidential Management Staff (PMS) office inside the Malacañang Compound.
Among those who attended the meeting were Pampanga Governor Eddie Panlilio, Subic-Clark Alliance for Development Council (SCADC) Chairman Edgardo Pamintuan, Presidential adviser for Central Luzon Lorelei Fajardo, San Fernando Mayor Oscar Rodriguez, Clark International Airport Corp. (CIAC) President Victor Luciano, Clark Development Corporation (CDC) President Levy Laus, and BCDA President Narciso Abaya.
The meeting put to an end the battle for interchanges waged by groups supporting different proposed interchanges.
BCDA said although they have the funds for the interchanges, access roads would still have to be constructed to connect the toll-road to existing roads.
The Department of Public Works and Highways (DPWH) was tasked to seek funds for the access roads.
Detailed engineering designs are expected to be ready in a few weeks, as the SCTEx is hoped to be open to the public by March 2008.
By Albert B. Lacanlale - SunStar
Confirming reports that President Arroyo had instructed them to construct the Clark Logistics-2Interchange, the Porac Interchange in Dolores and the Basa Interchange in Floridablanca, BCDA officials said they have raised the necessary funding requirement to build the three interchanges.
These funds, the BCDA said, will be obtained from a supplemental loan the BCDA got from the Japan Bank for International Cooperation (JBIC).
All of the new interchanges, which were actually revivals of the original interchanges intended for the toll road, are in Pampanga.
The three interchanges, BCDA said, would cost between P700 and P750 million.
The President's directive to construct the three interchanges was confirmed during a high-level meeting held on November 6, 2007 at the Presidential Management Staff (PMS) office inside the Malacañang Compound.
Among those who attended the meeting were Pampanga Governor Eddie Panlilio, Subic-Clark Alliance for Development Council (SCADC) Chairman Edgardo Pamintuan, Presidential adviser for Central Luzon Lorelei Fajardo, San Fernando Mayor Oscar Rodriguez, Clark International Airport Corp. (CIAC) President Victor Luciano, Clark Development Corporation (CDC) President Levy Laus, and BCDA President Narciso Abaya.
The meeting put to an end the battle for interchanges waged by groups supporting different proposed interchanges.
BCDA said although they have the funds for the interchanges, access roads would still have to be constructed to connect the toll-road to existing roads.
The Department of Public Works and Highways (DPWH) was tasked to seek funds for the access roads.
Detailed engineering designs are expected to be ready in a few weeks, as the SCTEx is hoped to be open to the public by March 2008.
By Albert B. Lacanlale - SunStar
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