Project Grantor - Toll Regulatory Board (TRB)
Project Grantee - Philippine National Construction Corporation (PNCC) and Manila North Tollways Corporation (MNTC)
Project Operator - Tollways Management Corportaion (TMC) now NLEX Corp.
April 1998 to December 31, 2030
Phase 1: Extended, Rehabilitated and Widened. A divided expressway from Balintawak, Quezon City to Sta. Ines Mabalacat, Pampanga and the Operation and Maintenance of an 8km Subic-Tipo road segment, 91.12 kilometers
|Segment 1:||Balintawak - Tabang Section||4 (2X2) Lanes||27.62kms|
|Segment 2:||Burol - San Fernando||6 (2X3) Lanes||32.80kms|
|Segment 3:||San Fernando - Sta, Ines||4 (2X2) Lanes||22.20kms|
|Segment 7:||Bo. Tipo - SBMA||(2X1) Lanes||8.50kms|
Phase 2: Construction of C-5
|Segment 8.1:||Mindanao Avenue - NLEX||4 (2X2) Lanes||2.70kms|
|Segment 8.2:||Minadanao Avenue - Commonwealth Avenue||4 (2X2) Lanes||8.35kms|
|Segment 9:||NLEX Mindanao Avenue Link to McArthur Highway, Valenzuela City||4 (2X2) Lanes||2.42kms|
|Segment 10:||McArthur Highway, Valenzuela City - C-3 Road, Caloocan City||6 (2X3) Lanes||5.58kms|
Phase 3: Subic Expressway. The Subic arm that will connect the Subic Special Economic Zone to the NLEX.
|Segment 4:||San Simon - Guagua||17.00kms|
|Segment 5:||Guagua - Dinalupihan||31.00kms|
|Segment 6:||Dinalupihan - Bo. Tipo||10.50kms|
In the early 1990’s consistent with the Philippines 2000 program of then President Fidel V. Ramos, the government and Philippine National Construction Corporation (PNCC) started seeking joint venture partners with technical, operational and financial resources in order to rehabilitate and modernize the original NLEX as a “flagship project”, expand it to the Subic and Clark Special Economic Zones and construct the northern portion of Circumferential Road C-5 from the University of the Philippines to Malabon City near the port of Manila.
In 1998, MNTC was granted the concession for the NLEX embodied in a Supplementary Toll Operation Agreement (STOA) amongst the Republic of the Philippine (ROP), trough the TRB and PNCC. Under the STOA, the Government confirmed the assignment by PNCC of its usufructuary rights, interest and privileges over the existing NLEX including all extensions, linkages and diversions in favor of MNTC. These concession rights authorized MNTC to construct, finance, manage, operate and maintain all the Project Roads covered by Phases 1,2 and 3 of the Manila North Expressway (MNE) and charge tolls thereon.
After successfully obtaining the needed financing for the project, MNTC commenced construction of Phase 1 in February 2003. In February 2005, Phased 1 was successfully completed on time. Following the issuance of the Toll Operation Permit by the Toll Regulatory Board, commercial operations started on February 10, 2005.