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Manila Bulletin devider Business devider NEDA: Additional roads to be integrated into Laguna lakeshore project

NEDA: Additional roads to be integrated into Laguna lakeshore project

Published Jul 16, 2024 08:48 am

By XANDER DAVE CEBALLOS

The government will add roads and interchanges to the Laguna Lakeshore Road Network (LLRN), an expressway that connects lower Bicutan and Parañaque to Calamba, Laguna.

The National Economic and Development Authority (NEDA) Board, led by President Ferdinand R. Marcos, Jr., approved on Monday, July 15, modifications to the Phase One scope of the LLRN project.

The development of connecting roads and interchanges will encompass Barangay Tunasan in Muntinlupa City, as well as San Pedro, Biñan, and Cabuyao in Laguna.

Initially approved in 2021, the project entails the construction of a 37.5-kilometer primary road and a 12.0-kilometer viaduct from Lower Bicutan, Taguig, to Tunasan, Muntinlupa, along with a 25.5-kilometer shoreline viaduct and embankment from Tunasan, Muntinlupa, to Calamba, Laguna.

Upon its completion in 2027, this project is expected to stimulate economic activity in the National Capital Region, CALABARZON, and Central Luzon.

“The NEDA Board recognizes the significant potential of this project in reducing transportation constraints on existing road networks, promoting economic development in the region, and providing safer, more convenient, and faster travel for road users coming from the north and south to various tourist and business destinations in Laguna and nearby provinces,” said NEDA Secretary Arsenio M. Balisacan, who also serves as the NEDA board vice chairperson.

The second phase of the LLRN Project, which will traverse the eastern portion of Laguna Lake from Binangonan, Rizal, to Calamba, Laguna, is currently under feasibility study and is slated for completion by December 2024.

The project will have an approximate mainline total length of 71.5 kilometers.

The NEDA Board also approved the negotiated parameters, terms, and conditions (PTCs) for the Bohol-Panglao International Airport Project, and changes to the negotiated PTCs for the Laguindingan International Airport Project.

The approved PTCs for the upgrade of the Bohol-Panglao International Airport aim to resolve ambiguities in compliance with the recently enacted Public-Private Partnership (PPP) Code, which came into effect after the airport project was approved.

With a total cost of P4.5 billion, this expansion project is seen to increase the maximum number of passengers from 2 million to at least 2.5 million passengers per year and to at least 3.9 million by the end of the project.
Concurrently, the NEDA Board approved changes to the NEDA Board approved-negotiated PTCs for the upgrade and expansion of the Laguindingan International Airport in Misamis Oriental, following deliberations at the Cabinet Committee of the Investment Coordination Committee (ICC).

Meanwhile, the NEDA also approved the guidelines for adjusting the passenger service charge of the Laguindingan International Airport in Misamis Oriental, subject to performance standards and specifications for operation and maintenance during the concession period.

The project, which has a total cost of P12.75 billion, will upgrade the existing facilities, augment capacity, install required equipment, enhance airside facilities, and provide comprehensive operations and maintenance services.

The project is expected to significantly improve the airport’s capabilities, ensuring it meets Northern Mindanao’s growing demands over the years.

“The expansion of these international airports is a testament to the government’s commitment to enhancing connectivity across regional centers in the Philippines. We expect these projects to significantly boost tourism, and as a result, generate more high-quality jobs,” Balisacan stated.

Moreover, the board approved an additional $30 million loan to support the Project Development and Monitoring Facility (PDMF), a revolving fund that supports pre-feasibility studies, feasibility studies, and other necessary pre-investment activities to help develop bankable PPP projects.

“As we strive to expand private sector participation in our infrastructure projects, this additional support for the Project Monitoring and Development Facility will ensure that our PPP undertakings are meticulously planned and executed to the highest standards,” Balisacan said

“It will also guarantee continued access to international sources of innovation, expertise, advice, and best practices in the development and implementation of PPP projects,” he added.

Related Tags

NEDA Board Laguna Lakeshore Road Network
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