Presentation of the Signed Concession Agreement for the TPLEX Extension Project (Speech) 07/10/2024

Kalayaan Hall, Malacañan Palace
July 10, 2024
“Build Better More is more than just a slogan. It is almost battle cry; our commitment to ensure that our motivation, efforts and plans are fixed toward one crucial goal: the betterment of the welfare of the Filipino people…With the signed Concession Agreement for the Tarlac-Pangasinan-La Union Expressway or TPLEX Extension Project, we are witnessing another milestone that brings into fruition our Build Better More infrastructure program,” President Ferdinand R. Marcos Jr. said after being presented with the signed concession agreement for the TPLEX Extension Project in a ceremony at Malacañan Palace on 10 July 2024.
The President underscored how the extension project exemplifies the Administration’s dedication to progress and the opportunities that it would like to provide to each and every Filipino as it will generate an even greater flurry of activities in Luzon once construction is completed.
“This extension will reduce the travel time between Rosario and San Juan from the current 90-minute travel time to about 40 minutes, resulting in smoother and safer journeys for those who wish to go to and from La Union, and the Ilocos and Cordillera Regions. Aside from bringing in tourists and economic activities faster to the northern part of the country, it will also bring resources and food faster to the southern part of Luzon. So, we also expect it to forge value-adding partnerships among agriculture, industry and tourism enterprises in the area as it links vital regional corridors and hubs. This will, of course, generate a significant number of decent jobs and more opportunities for all,” he stressed.
He lauded the Department of Public Works and Highways (DPWH), San Miguel Holdings Corporation (SMHC), other government agencies and stakeholders for this Public-Private Partnership (PPP) that involves a 59.4 kilometer, four-lane toll road with five (5) interchanges starting from Rosario to San Juan in La Union.
“In turn, I appeal to San Miguel Holdings Corporation to complete the TPLEX Extension Segment 1 by 2028 and all other sections as scheduled; to ensure that every person involved in this project - whether in the office or in the construction zone - will work with determination and integrity, day in and day out,” the President stated.
“Build Better More is more than just a tagline, just as this project is more than another item to add to our list of accomplishments. It is a chance for each of us to build a Bagong Pilipinas that would bring comfort and prosperity to our people and the generations to come,” President Marcos Jr. ended in his keynote message.
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