MANILA - The P2.01-billion Daang Hari-South Luzon Expressway (Slex) Link is expected to be completed by year-end, about three months later than the revised target date of completion.
With the new target date set, the project’s concessionaire AC Infrastructure Holdings Corp. hopes to commercially open the road by the first quarter of 2015.
“We are currently building the road and we expect project completion by the end of the year. Now we are more than 30-percent complete; somewhere between mid to high 30s,” Ayala Corp. Managing Director John Eric T. Francia told reporters in a chance interview on Monday.
Earlier, AC Infrastructure announced that the thoroughfare will begin commercial operations in June this year, but was pushed back to the third quarter of the year due to the late signing of a contract involving issues on the link between Daang Hari Road and Slex.
But the recent signing of an agreement with South Luzon Tollway Corp. (SLTC) paved the way for the concession to “go full blast” in the construction of the interchange, Francia explained.
The Daang Hari-Slex project was the first public-private partnership (PPP) project auctioned off and awarded under the flagship infrastructure program of the Aquino administration. The project starts from the junction of Daang Reyna and Daang Hari in Las Piñas City/Bacoor in Cavite to Slex through the Susana Heights Interchange in Muntinlupa City, traversing the New Bilibid Prison Reservation.
Under the initial design, the proposed link road will use the Susana Heights Interchange as exit and entry from the north and south of Slex, and will include the construction of a new bridge/widening of the existing bridge crossing Slex, as well as the expansion of the Susana Heights toll plaza.
Ayala bagged the 30-year concession contract in 2011. The project is being implemented by the Department of Public Works and Highways under a build-transfer-operate scheme.
Including the P2.01-billion interchange deal, the government has awarded six PPP contracts since it was first launched in 2010, namely:
- P16.42-billion first phase of the PPP School Infrastructure Program (PSIP), which was bagged by the consortium formed by Megawide Construction Corp. and Citicore Holdings Investment Inc. as well as the BF Corp.-Riverbanks Development Corp. consortium in 2012;
- P3.86-billion PSIP Phase 2 contract, partially awarded last year to Megawide and the BSP & Co. Inc.-Vicente T. Lao Construction consortium;
- P15.68-billion Ninoy Aquino International Airport expressway, given to San Miguel Corp. unit Vertex Tollways Development Inc. in 2013;
- P5.69-billion Modernization of the Philippine Orthopedic Center project that went to the Megawide-World Citi Inc. consortium also last year; and the
- P1.72-billion Automatic Fare Collection System project awarded to AF Consortium of Ayala and Metro Pacific Investments Corp. on Monday.