SMC and Pangasinan inks joint venture to build new PLEX

San Miguel Corporation (SMC), led by Ramon S. Ang (RSA), has signed a toll concession and joint-venture agreement with the Province of Pangasinan to build the 76.8-kilometer Pangasinan Link Expressway (PLEX).

The construction cost will be shouldered solely by SMC, while the Provincial Government of Pangasinan will receive a significant share of the project’s earnings once it becomes operational.

“We are grateful to the Pangasinan Provincial Government for their passion and commitment to boost Pangasinense life through this landmark project. More than just building a major infrastructure project, we have an opportunity to improve the lives of so many of our countrymen here,” says RSA.

San Miguel Corporation: 77-km Pangasinan Link Expressway a GO image

The pink line could be the future PLEX from Binalonan to Alaminos

 

The project, which will begin at the Tarlac-Pangasinan-La Union Expressway (TPLEX) exit in Binalonan, is part of SMC's larger plan to strengthen the road networks in Central and Northern Luzon.

This development also aims to create a seamless link to the soon-to-be-launched New Manila International Airport (NMIA) in Bulacan, set to be the Philippines' premier international gateway. PLEX will consist of two phases: Phase 1 will extend 42.76 km. from TPLEX to Lingayen, while Phase 2 will extend all the way to Alaminos, Pangasinan.

“With PLEX connecting to other infrastructure such as TPLEX, which will support access to the NMIA, this project will significantly benefit Pangasinan’s local industries, home-grown products, and agricultural sector. At the same time, the rich history, culture, and cuisine of the province will be even more accessible to more Filipinos,” added RSA.

Phase 1 of PLEX will be split into three segments: the first 6.90-km section from Binalonan to Manaoag, followed by an 11.30-km section from Manaoag to Calasiao, and the third segment, the 22.17-km section from Calasiao to Lingayen. A 2.39-km spur road will also be built in Calasiao. Meanwhile, Phase 2 of the project will be a demand-driven expansion all the way to Alaminos, Pangasinan.

Project kickoff will be announced soon.