MANILA – San Miguel Corp. (SMC) has formed a partnership with two firms to speed up the construction of the Ninoy Aquino International Airport (NAIA) expressway.
SMC said it has tapped Matière SAS of France and Filipino-owned Armando U. Khong Hun General Contractor's Inc. to undertake the construction of a portion of the P15.5 billion public-private partnership (PPP) project.
SMC president and chief operating officer Ramon Ang said SMC’s partnership, through Vertex Tollways Development Inc., with the two firms puts the completion of the project on track for the Asia Pacific Economic Cooperation (APEC) meeting in November.
"We are confident that this partnership will help us meet our target this year, which is the substantial completion of the expressway in time for the APEC Summit, which our country is hosting this November," he said.
Ang added that Matière SAS and its local counterpart will focus on the construction of the Parañaque Riverside section that will connect the NAIA Terminals 1 to 4 to the Skyway along the South Luzon Expressway (SLEX) and the Manila-Cavite Toll Expressway (Cavitex).
The section will be constructed using the Uni-Bridge Modular Solution, a steel modular bridge system predesigned and prefabricated in France. The use of the system guarantees the completion of the section within 10 months.
The 7-kilometer NAIA expressway is a four-lane, elevated expressway that aims to make the NAIA terminals more accessible, and link the Skyway and Cavitex.
SMC, through the Citra Group, has stakes in SLEX and Skyway.