The Market Monitor Minding the Nation's Business
San Miguel Corporation (SMC) and Ayala Land, Inc. (ALI) have signed an integration agreement to connect the Arca South on and off ramps into the Skyway system via the soon-to-be built South East Metro Manila Expressway (SEMME) or Skyway Stage 4 project.
SMC president and CEO Ramon S. Ang, Ayala Corp. president Cezar P. Consing, and ALI president and CEO Anna Ma. Margarita B. Dy signed the agreement for the construction to start in 2024 for a seamless access from the Skyway to Arca South. The collaboration marks a significant milestone in addressing the growing need for efficient transportation and connectivity in Metro Manila.
SMC Infrastructure is the concessionaire for the 32.66-km Skyway Stage 4 that connects the Skyway system at the Arca South all the way to Batasan Complex in Quezon City. The expressway will provide an alternate route from the South to the Eastern parts of Metro Manila including Rizal province. With interchanges at Ortigas Avenue Extension, Marcos Highway, and Tumana Bridge towards the Batasan complex, it is seen to ease traffic congestion on major arteries such as EDSA and C5, and enhance connectivity throughout Metro Manila’s eastern corridor.
It will also significantly boost transportation as it enhances future connectivity to other major infrastructure projects planned within Arca South, including the Taguig Integrated Terminal Exchange (Taguig-ITX), North-South Commuter Railway, and Metro Manila Subway Project.
“We are pleased to announce our collaboration with San Miguel Corporation which will allow for the integration of Arca South into the SEMME,” Cezar Consing, Ayala Land vice chairman said. “This collaboration will improve connectivity, benefiting not only the Arca South community but various stakeholders in Taguig as well,” he added.
For his part, SMC president and CEO Ramon S. Ang said: “We are grateful for this opportunity to work with Ayala Land. This also supports the vision for Arca South to create more jobs, new business opportunities, and deliver more residential and lifestyle options for Filipinos–while dispersing economic growth and easing traffic congestion.”