SMC, Batangas LGU ink deal for Nasugbu-Bauan expressway

ABS-CBN News

<p><br/>MANILA - San Miguel Corp said on Wednesday it has signed a joint venture deal with the provincial government of Batangas to build the Nasugbu-Bauan Expressway (NBEX).</p><p>SMC said the Batangas provincial government granted its subsidiary, SMC Infrastructure, a 35-year concession to design, build, operate, and maintain the NBEX.</p><p>The P44.77-billion NBEX project is expected to cut travel time by half between Nasugbu to Bauan, Batangas from 1.5 hours to just 45 minutes. </p><p>SMC president and CEO Ramon Ang said the four-lane 61-kilometers long tollway will also reduce the usual 5-hour trip to and from Manila to only 2 hours.</p><p>“This project will drive a lot of development for our province and for our towns here in the first district,” said Governor Herminilando Mandanas.</p><p>Ang meanwhile said SMC has “committed to deliver 70 percent of the project’s profits to the local government, once it is operational.” </p><p>“This will be key to furthering the growth of the province and improving lives and livelihood,” Ang said. </p><p>NBEX, which begins at Brgy. Kaylaway, Nasugbu town, runs parallel to Tagaytay-Nasugbu and Palico-Balayan highways, San Miguel said. It will also connect to another SMC Infrastructure project, the Cavite-Batangas Expressway (CBEX), which leads to Tagaytay City and Silang, Cavite.<br/> <br/>And said target for substantial completion of the project is at 48 months, including the 12-month development of the detailed engineering design.<br/> <br/>SMC also operates the Tarlac-Pangasinan-La Union Expressway (TPLEX), the Skyway System, the South Luzon Expressway (SLEX), and the Southern Tagalog Arterial Road ( STAR ) Tollway.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/03/16/23/san-miguel-corp-says-revenues-hit-p15-trillion-in-2022">San Miguel Corp says revenues hit P1.5 trillion in 2022</a></li>	<li><a href="https://news.abs-cbn.com/business/03/20/23/meralco-says-no-impact-from-smc-units-power-deal-issue">Meralco says &#x27;no impact&#x27; from SMC units power deal issue</a></li></ul><div><strong>RELATED VIDEO</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=2508869" width="100%"></iframe></figure><div class="iwantbar">Watch more News on <a href="https://www.iwanttfc.com/#!/browse/Genres/News/tag_id_genres/id_news" target="_blank">iWantTFC</a></div><div> </div>

SMC said the Batangas provincial government granted its subsidiary, SMC Infrastructure, a 35-year concession to design, build, operate, and maintain the NBEX.

SMC, Batangas LGU ink deal for Nasugbu-Bauan expressway | ABS-CBN

Halalan 2025

Entertainment

News

Metro.Style

Sports

More

Traffic

Horoscope

Business

SMC, Batangas LGU ink deal for Nasugbu-Bauan expressway

SMC, Batangas LGU ink deal for Nasugbu-Bauan expressway

ABS-CBN News

Published Mar 22, 2023 04:40 PM PHT

|

Updated Mar 22, 2023 05:09 PM PHT

Read More:

San Miguel

SMC

NBEX

Nasugbu-Bauan Expressway

infrastructure

Ramon Ang

Herminilando Mandanas

ABS-CBN is the leading media and entertainment company in the Philippines, offering quality content across TV, radio, digital, and film. Committed to public service and promoting Filipino values, ABS-CBN continues to inspire and connect audiences worldwide.

Corporate

Investors

Governance

International Distribution

Corporate

Governance

Investors

International Distribution

NPC Seal of Registration

Privacy Policy

AI Policy

Terms of Service

Advertise with Us

© 2025 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2025 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2025 ABS-CBN Corporation. All Rights Reserved.