Push Admin

President Marcos meets Private Sector Advisory Council in Malacanang

President Bongbong Marcos leads the 6th meeting of the Private Sector Advisory Council (PSAC) focusing on tourism sector group on July 03, 2024. Yummie Dingding, PPA pool

Article (news)

Willard Cheng

ABS-CBN News

MANILA -- President Ferdinand Marcos, Jr. on Wednesday received the signed concession agreement for the Tarlac-Pangasinan-La Union Expressway (TPLEX) Extension Project in a presentation ceremony in Malacañang.The agreement was signed last July 3 by the DPWH as the grantor and San Miguel Corporation as the concessionaire.San Miguel Corporation Chairman and chief executive officer Ramon Ang said the extension project will add another 60 kilometers bringing the total length of TPLEX to 150 kilometers and will cut travel time from Rosario to San Juan, La Union from 1.5 hours to about half an hour.   He said the extension project builds upon the success of TPLEX “which has already significantly improved travel time between Ilocos and Cordillera region, Central Luzon, and Metro Manila. “This four-lane toll road connecting Rosario to San Juan, La Union represents our commitment to developing infrastructure that meets both current and future needs, driving economic growth and ensuring better quality of life for many Filipinos,” Ang said.Marcos lauded the project, which costs over P23 billion, for its role in bringing in tourists and economic activities, and faster delivery of resources and food. <div><a href="https://news.abs-cbn.com/business/11/09/23/neda-oks-new-coast-guard-ships-bridges-tplex-extension">NEDA approves new vessels for PH Coast Guard, bridges for farmers, TPLEX extension</a></div>He also thanked San Miguel Holdings Corporation for being a “steadfast partner of the government,” appealing to San Miguel to complete the TPLEX Extension Segment 1 by 2028 “and all other sections as scheduled.” DPWH Secretary Manuel Bonoan said the TPLEX extension project will foster regional integration, attract investments, stimulate local business, and make the regions more accessible to tourists as it promotes economic growth, job creation, and the tourism sector.“The TPLEX extension project is set to support the growing economy and the burgeoning tourism industry of Northern Luzon,” Bonoan said.

President Ferdinand Marcos, Jr. received the signed concession agreement for the TPLEx on Wednesday.

President Ferdinand Marcos, Jr. received the signed concession agreement for the TPLEx on Wednesday.

Marcos receives TPLEx extension concession agreement

News

Entertainment

Lifestyle

Sports

Metro.Style

More

Sudoku

Word of the Day

Lotto

Horoscope

Business

Marcos receives TPLEx extension concession agreement

Willard Cheng,

ABS-CBN News

Published July 10, 2024 06:05 PM PHT

Read More:

TPLEx

Tarlac

Pampanga

La Union

expressway

ABS-CBN Newsletter

Your go-to source for the latest news, entertainment highlights, exclusive interviews, and updates on your favorite Kapamilya stars.

ABS-CBN Newsletter

Your go-to source for the latest news, entertainment highlights, exclusive interviews, and updates on your favorite Kapamilya stars.

Sign Up

I have read and agree to the Terms and Privacy Policy.

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

© 2026 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2026 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2026 ABS-CBN Corporation. All Rights Reserved.