Advertisementspot_img
Monday, December 23, 2024

Delivering Stories of Progress

Advertisementspot_img

SMC, Ayala forge agreement to integrate Arca South to Skyway Stage 4 project

Latest article

Advertisement - PS02barkero developers premium website

THEPHILBIZNEWS Partner Hotels

Hotel Okura Manila
Hotel 101
The Manor at Camp John Hay
Novotel Manila
Taal Vista Hotel
Advertisement - PS02barkero developers premium website

(In photo: San Miguel Corporation (SMC) and Ayala Land Inc. (ALI) sign integration agreement for the connection of the Arca South on and off ramps into the South East Metro Manila Expressway (SEMME) or Skyway Stage 4 Project. At the event were (L-R) ALI Senior Project Development Head Mayi Rodriguez, President and CEO Meean Dy, Vice Chairman Cezar “Bong” Consing and Senior Vice President Mariana Zobel with SMC President and CEO Ramon Ang, Deputy CFO and Head of Treasury Joseph Pineda, and SMC Infrastructure CFO Raoul Romulo.)

San Miguel Corporation (SMC) and Ayala Land, Inc. (ALI) have signed an Integration Agreement to connect the Arca South on and off ramps into the Skyway system via the upcoming South East Metro Manila Expressway (SEMME) or Skyway Stage 4 project.

The collaboration marks a significant milestone in addressing the growing need for efficient transportation and connectivity in Metro Manila.

SMC President and CEO Ramon S. Ang, Ayala Corp. President Cezar P. Consing, and ALI President and CEO Anna Ma. Margarita B. Dy, signed the agreement.

The integration of Arca South on and off ramps into the Skyway Stage 4 project, is set to commence construction in 2024 and will enable seamless access from the Skyway to Arca South.

SMC Infrastructure is the concessionaire for the 32.66-kilometer Skyway Stage 4, that connects the Skyway system at the Arca South all the way to Batasan Complex in Quezon City. The expressway will provide an alternate route from the South to the Eastern parts of Metro Manila including Rizal province.

With interchanges at Ortigas Avenue Extension, Marcos Highway, and Tumana Bridge towards the Batasan complex, it is seen to ease traffic congestion on major arteries such as EDSA and C5, and enhance connectivity throughout Metro Manila’s Eastern corridor.

The partnership will also significantly boost transportation, as it enhances future connectivity to other major infrastructure projects planned within Arca South, including the Taguig Integrated Terminal Exchange (Taguig-ITX), North-South Commuter Railway, and Metro Manila Subway Project.

This will significantly benefit commuters and contribute to the overall improvement of transportation in the region, aligning with SMC and ALI’s commitment to nation-building and infrastructure development.

“We are pleased to announce our collaboration with San Miguel Corporation which will allow for the integration of Arca South into the SEMME,” Cezar Consing, Ayala Land vice chairman said. “This collaboration will improve connectivity, benefiting not only the Arca South community but various stakeholders in Taguig as well,” he added.

For his part, SMC President and CEO Ramon S. Ang said. “We are grateful for this opportunity to work with Ayala Land. This also supports the vision for Arca South to create more jobs, new business opportunities, and deliver more residential and lifestyle options for Filipinos–while dispersing economic growth and easing traffic congestion.”

He added: “This partnership shows that when major companies work together, the potential for driving positive change is immense. By combining our resources and expertise, we will be doing more than just building infrastructure. We will pave the way towards a more connected Metro Manila, where people have a better chance to thrive, prosper, and enhance their quality of life,” Ang added.

Ayala Land’s focus on accessibility, particularly for its Central Business Districts such as Makati, BGC, and Arca South, is underscored by the strategic integration of Arca South into the Skyway Stage 4 Project.

Arca South, launched by ALI in 2014, is a testament to Ayala Land’s dedication to creating vibrant and sustainable communities. The 74-hectare mixed-use master-planned development serves as a central business district, featuring six residential projects, commercial lots, and various components such as Ayala Malls Arca South, Landers, a football field, and an events area.

Advertisement - PS04spot_img

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Advertisement - PS05spot_img
Advertisement - PS01spot_img

Must read

Advertisement - PS03spot_img