Thursday, September 19, 2019
Named after academic Epifanio de los Santos, the road links the North Luzon Expressway at the Balintawak Interchange in the north to the South Luzon Expressway at the Magallanes Interchange in the south, as well as the major financial districts of Makati Central Business District, Ortigas Center and Araneta Center. It is the longest and the most congested highway in the metropolis, stretching some 23.8 kilometers (14.8 mi).
San Miguel Corporation currently operates the Tarlac-Pangasinan-La Union Expressway, the Southern Tagalog Arterial Road, South Luzon Expressway, the Skyway System and the NAIA Expressway.
The unsolicited proposal to the Department of Transportation to build a 10-lane elevated expressway on EDSA to ease traffic in the perennially congested highway.
In a disclosure to the Philippine Stock Exchange issued on Thursday morning (September 19), SMC confirmed the news report, saying that the company will submit the proposal for the construction of a “10-lane five-by-five expressway to decongest the traffic situation along Epifanio Delos Santos Avenue.”
Reports also said that the elevated toll road will stretch from Macapagal Avenue in Pasay City to Balintawak in Quezon City, and will take 24 to 30 months to build.
DOTr Secretary Arthur Tugade also mentioned the proposal during the signing ceremony for SMC’s Bulacan airport project on Wednesday (September 18), according to Businessworld.