San Miguel's Latest Proposal: A 10-Lane Elevated Expressway on EDSA
San Miguel Corporation (SMC) is planning to submit an unsolicited proposal to the Department of Transportation to build a 10-lane elevated expressway on EDSA to ease traffic in the perennially congested highway.
In a report on Businessworld, Ramon Ang, president
In a disclosure to the Philippine Stock Exchange issued on Thursday morning (September 19), SMC confirmed the news report, saying that the company will submit the proposal for the construction of a “10-lane five-by-five expressway to decongest the traffic situation along Epifanio Delos Santos Avenue.”
Reports also said that the elevated toll road will stretch from Macapagal Avenue in Pasay City to Balintawak in Quezon City, and will take 24 to 30 months to build.
DOTr Secretary Arthur Tugade also mentioned the proposal during the signing ceremony for SMC’s Bulacan airport project on Wednesday (September 18), according to Businessworld.
EDSA, a 23-kilometer highway, is the main artery of Metro Manila, bisecting a major portion of the capital.
The Metro Rail Transit already occupies a portion of the road, stretching from Taft Avenue, in Pasay City to North Avenue in Quezon City.
Apart from baring plans for SMC's infrastructure projects, Ang is also busy giving back to the community. This week, he opened a food bank in his hometown of Tondo. The project, called Better World Community, will provide daily meals to 1 million children in Manila for the next 10 years.