Subic-Clark-Tarlac Expressway Extension

fcpayumo — Tue, 04 Jul 2006 07:45:13 +0000

The SCTex extension to Rosario, La Union will be a very financially viable project for the private sector to implement. No need for Official Development Assistance, unlike the phase 1. Thus, a more competitive bidding can be done unlike in a tied loan where only contractors from the ODA creditor country can participate.

But there’s no doubt that en extension is desirable. Together with the NLEX and the SCTex phase 1, the Tarlac to Rosario, La Union extension will connect all the industrial and tourism centers of Central and Northern Luzon. But the Tarlac-Rosario leg will even be more attractive to financiers since it is a mainstream road where the traffic volume is already present, unlike the missionary Subic-Clark leg.

This is the only significant infra project that is changing the landscape of Luzon. For many years, the country has been left behind by our neighboring countries. The only notable road construction that happened were the North Diversion Road and the South Road during the Marcos years. It is about time we catch up.

Hello world!

fcpayumo — Tue, 04 Jul 2006 04:47:22 +0000

fcpayumo

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Subic-Clark-Tarlac Expressway Extension

Hello world!