There might be hope for EDSA traffic, although we may have to wait at least two years.
The elevated expressway along EDSA could be made operational within 24 to 30 months, according to San Miguel Corp. (SMC).
In an interview, SMC president and COO Ramon Ang added that the construction of the elevated expressway from Macapagal Ave. to Balintawak could cost around US$3 billion.
“That’s just money, but we will pursue this project to help resolve traffic along EDSA,” Ang said.
According to a report by The STAR, the diversified conglomerate is completing documentary requirements before it submits its offer to the government. “We submitted the proposal, but we still lack some documents, like financial studies. But when we complete those, I think the idea is beautiful and Sec. (Arthur) Tugade approves of it,” Ang said.
Ang said that they are seeking to complete the financial studies of the project in one to two weeks.
The proposed 10-lane expressway has already been discussed by the SMC and the Department of Transportation.
Ang said that if the government approves the infrastructure project that seeks to resolve the worsening traffic gridlock along EDSA, it could be completed and made operational within two years. – With Danessa Rivera/STAR