Tuesday, 24 January 2012

Citra, San Miguel start work to upgrade SLEx


Citra, San Miguel start work to upgrade SLEx
Kathleen A. Martin
BusinessWorld
http://www.bworld.com.ph/content.php?section=Corporate&title=Citra,-San-Miguel-start-work-to-upgrade-SLEx&id=45515

SAN MIGUEL Corp. and the Indonesia-based Citra group have started to put in place enhancements at their recently acquired South Luzon Expressway (SLEx).

Automated toll collection systems have been put in place in an additional exit of the 36-kilometer thoroughfare while the construction of more parking bays are slated next, a statement yesterday showed.

“With the E-Pass service now available at [Ayala Greenfield] toll plaza, motorists with E-Pass going to or coming from Sto. Tomas, Batangas can now enjoy faster entry-exit at said toll plaza where there are two dedicated E-Pass lanes,” the Citra group said.

E-Pass is an electronic toll collection system used in the SLEx that allows for faster entry and exit in the said highway for users’ convenience.

The Citra group said it will now be installing additional lay-bys or parking bays and reflectors along the SLEx.

Moreover, the Citra Group and San Miguel plan to upgrade the systems in all toll plazas along the thoroughfare.

Earlier this month, San Miguel’s wholly-owned subsidiary San Miguel Holdings Corp. and the Citra group acquired an 80% stake in South Luzon Tollway Corp., the concessionaire for the SLEx.

The Citra group is composed of Indonesian firms PT Citra Marga Nusaphala Persada Tbk, PT Citra Lamtoro Gung Persada, Bhaskara Duniajaya and Matra Sarana Arsitama.

San Miguel and the Citra group also jointly hold a majority stake in Citra Metro Manila Tollways Corp., the concessionaire behind the South Metro Manila Skyway, which connects directly to SLEx.

The two entities were also invited to conduct due diligence on an expansion project for the Southern Tagalog Arterial Road (STAR Tollway).

Togetherm the two have lined up the following projects: a thoroughfare connecting Laguna to Lucena, Skyway Stage 3 linking the existing Skyway to Balintawak and the Stage 4 which will link Skyway to Taguig City.

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