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By: Marvin Germo | September 19, 2019

A Solution To Manila Traffic

One of the biggest problems here in our country is traffic. Who wants to get stuck in EDSA for 2 to 4 hours when the travel time could have been 1 hour? Who wants to get up by 4 in the morning just to avoid the hassle of traveling during rush hours? Everyone seeks for convenience and the current situation in EDSA couldn’t give it. Now, there are some businesses that are looking into this situation deeper like San Miguel Corporation (SMC) who is looking to build an elevated expressway along EDSA to provide a direct alternative to the overcrowded 23-kilometer highway. Here are the details of this news.

Catch me in my live training events! (quick plug)

The heart of why I do these seminars is I want to build a generation of Filipinos with the right foundation in stock investing.  I want to bring smart investing to every Filipino around the world! If you would like to know more about how you could time the market check out the trainings below.

Stock Smarts Manila – September 14, 15, 21, 22,&28, 2019
Stock Smarts Qatar —  October 3 – 6, 2019
Stock Smarts Cebu – October 26-27,2019
Stock Smarts Taiwan – November 2, 2019
ICON Davao – November 30, 2019

Submission Of Proposal

SMC targets to present its proposal to the Department of Transportation, which is a 10-lane, five-by-five expressway that will be built up along Epifanio de Los Santos Avenue (EDSA). There is no exact date yet but the company hopes to submit the proposal by next week. In a separate statement by the Department of Transportation, they said that this project was already mentioned during the signing ceremony of the Bulacan airport project of SMC this week. In fact, it is connected to the plans of the government to help ease the traffic here in Metro Manila.

Expressway Plan

Although there are missing pieces to this announcement, we now know that this plan is being talked about by the company and the government. The prototype of this plan exists already. The Department of Transportation said that the plan is to put up a skyway that will connect the Manila-Cavite Expressway (CAVITEx) to the North Luzon Expressway (NLEx). This expressway will be elevated higher than MRT-3. It will be a steel toll road that will run along EDSA. This expressway will also include dedicated lanes for the buses in order to minimize the traffic for commuters using EDSA and MRT.

Recent Proposals By SMC

Last May, SMC also proposed to build a water source project to help solve the water shortage here in Metro Manila. The proposal would include the cost of the water source project which is at about P35 billion, a private fund that will be used by SMC. As stated by the firm, the project would take 5 years to build and since this is still a proposal, they didn’t mention the place where it will be built. The water shortage in Metro Manila is driving the firm to re-imagine the excess supply from Bulacan to be delivered here in the Metro. There is no update about this yet but let’s all hope for the best!

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