- The Supplemental Toll Operations Agreement for the South Luzon Expressway Toll Road 5 (SLEX TR5) was signed on June 3
- The 417-kilometer SLEX TR5 will connect the provinces of Quezon and Bicol
- The tollway is expected to provide faster access to tourism destinations, roll on-roll off ports, and fish ports in the two provinces and address traffic congestion in the Bicol region
The Department of Transportation (DOTr) and San Miguel Corporation (SMC) signed on June 3 the Supplemental Toll Operations Agreement (STOA) for the South Luzon Expressway Toll Road 5 (SLEX TR5).
The 417-kilometer SLEX TR5 will connect the provinces of Quezon and Bicol and is expected to provide faster access to tourism destinations, roll on-roll off ports, and fish ports in the two provinces and address traffic congestion in the Bicol region.
Signed by Transportation Secretary Art Tugade and President and SMC CEO Ramon Ang, the STOA will be submitted to the Office of the President for approval.
The TR5 is a four-lane divided toll road that starts from the terminal point of the South Luzon Expressway Toll Road 4 (SLEX TR4) Project at Barangay Mayao, Lucena City in Quezon Province, and ends at Matnog, Sorsogon, near the Matnog Ferry Terminal. The toll road will be composed of 28 interchanges.
Eight segments will run parallel to the existing Philippine National Railway, Maharlika Highway and Padre Burgos National Road or Quirino Highway:
- Segment I: Lucena to Gumaca, Quezon, 59.60 kms.
- Segment II: Gumaca to Tagkawayan, Quezon, 62.40 kms.
- Segment III: Tagkawayan to Sipocot, Camarines Sur, 59.0 kms.
- Segment IV: Sipocot to Naga City, Camarines Sur 35.40 kms.
- Segment V: Naga City to Polangui, Albay, 48.00 kms.
- Segment VI: Polangui to Legazpi City, Albay, 35.00 kms.
- Segment VII: Legaspi to Sorsogon City, Sorsogon, 54.30 kms.
- Segment VIII: Sorsogon City to Matnog, Sorsogon, 62.78 kms.
The TR5 is under a joint venture of the San Miguel Holdings Corporation and the Philippine National Construction Corporation.
Tugade and Ang were joined by DOTr Undersecretary for Finance Giovanni Lopez and Toll Regulatory Board Executive Director Alvin Carullo, San Miguel Holdings Corporation Senior Vice President Lorenzo Formoso, Department of Public Works and Highways Senior Undersecretary Rafael Yabut, and other signatories in the June 3 signing.
