33924-014: PHI: NORTH LUZON EXPRESSWAY REHABILITATION AND EXPANSION (formerly Manila North Tollways Corporation)

Project Data Sheet (PDS): Overview


Description

The Project comprises the rehabilitation, expansion and operation of 83.7 km of the existing North Luzon Expressway (NLEX), including the construction and rehabilitation of 14 interchanges, 24 bridges and 31 overpasses from Manila (Balintawak exit) to Clark Special Economic Zone (Sta. Ines exit), and the operation of a 8km expressway in Subic Special Economic Zone, completed in 1996. The Project is undertaken under the Supplemental Toll Operation Agreement (STOA) among the Republic of Philippines (acting through the Toll Regulatory Board), PNCC and MNTC. At the end of the concession period in December 2037, MNTC will transfer the Project back to the Government (Grantor) without cost. Read More

Country Philippines
Borrower/Equity Investment Name
Project Number 33924-014
Project Type or Modality of Assistance PS
Financing Private sector (Nonsovereign)
Status Approved
Approval Numbers 7162/1769
Approval Date 26 Oct 2000
Closing Date 07 Jul 2004
Geographical Location North Luzon Expressway
Sector / Subsector Classification Transport and ICT
/ Road Transport
Thematic Classification Economic growth
Private sector development
Safeguard Categories Environment: B

Results Delivered

Expressway built or updgraded (kilometers) 84
Beneficiaries from road projects (number) 4,738,877

The results data reported above are limited to ADB's core sectors, as defined under Strategy 2020 and tracked through indicators in the ADB Results Framework. For definitions of results indicators, please see the ADB Results Framework Indicators Definition.

 

 

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

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Project Data Sheets (PDS)

Responsible ADB Officer
Christine Genalin C. Uy
Email contact

Responsible ADB Department
Private Sector Operations Department

Responsible ADB Divisions
Infrastructure Finance Division 2

PDS Creation Date
23 Aug 2006

Last PDS Update
26 Oct 2010

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