^

Business

Citra, San Miguel team up for Star Tollway project

-

MANILA, Philippines - The Citra group has announced that it will jointly study with partner San Miguel Holdings (SMH) Star Tollway’s proposal to allow them to participate in the upgrading and expansion of its 42-kilometer toll road concession that starts at Santo Tomas and ends near the Batangas Port.

“We were invited by Star and are currently studying to invest in Phase 2 of the Star Tollway, which will widen the existing two lanes to four lanes from Lipa to Batangas City,” said Citra president Shadik Wahono. 

He added that Citra, together with SMH, will complete the evaluation within 30 to 45 days.

Star has an application with the Toll Regulatory Board to re-pave the existing four lanes between Sto.Tomas and Lipa, and widen the 21-km Lipa-Batangas section. Target groundbreaking is set for mid-2012, and completion will be within 24 months at an estimated project cost of P2.5 billion.  

“The widening to four lanes will definitely minimize accidents which are prevalent with the current two lanes. Travel within Star Tollway should be much smoother once the project is completed,” Wahono said.

Aside from the widening project, the three groups (Citra, SMH and Star) would look into investments needed to improve road conditions an make travel safer, especially at night.  

“We are currently evaluating the cost of putting additional lay bays; adding more lights, especially at major exit points, and installing more reflectors in-between exits, together with the planned re-paving, widening and upgrading of the existing road network,” he added. 

Wahono also said they are considering investments in state-of-the-art monitoring systems, security cameras, speed guns, and may adopt the soon-to-be upgraded Skyway E-Pass system, in order to make travel more seamless in the south.  

vuukle comment

BATANGAS CITY

BATANGAS PORT

CITRA

SAN MIGUEL HOLDINGS

SANTO TOMAS

SHADIK WAHONO

SKYWAY E-PASS

STAR TOLLWAY

TOLL REGULATORY BOARD

TOMAS AND LIPA

  • Latest
  • Trending
Latest
Latest
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with