San Miguel Corp. is taking sustanability to heart.
SMC president Ramon S. Ang said the conglomerate is ready to embark on what will be the country’s first sustainable infrastructure, the P95 billion Pasig River Expressway (PAREX) which will connect the east and west portions of Metro Manila.
This after the government approved the 19.37 kilometer six-lane elevated road that will run along the banks of Pasig River.
Ang sad PAREX would be the first privately-funded road network in the country that combines sustainability features with the functionality of a safe and efficient transport infrastructure that the country is sorely lacking in.
“This will be an inclusive, user-centered infrastructure that will integrate various modes of transportation beyond cars. It will have dedicated bike lanes, walkways, a bus rapid transit system, among others,” said Ang.
He said that with the company’s P2 billion Pasig River rehabilitation initiative, it is looking to expand water transport through ferry boats that will link people to cities along the waterfronts of Metro Manila – including Laguna Lake, Pasig River, Manila Bay, Marikina River, among others.
To get the project started, SMC has tapped internationally-renowned architect, environment planner, and green urbanism advocate Felino Palafox Jr.
“PAREX will also be for pedestrians and cyclists. It will not just be for motorized transportation and convenience, but also for maintaining our health and well-being. It will not just ‘beautify’ the surroundings–it will rehabilitate the Pasig River and inspire urban renewal in Metro Manila,” Ang added.
It will have three major segments –Segment 1 is from R-10 to Plaza Azul, Manila; Segment 2 from Pandacan to C-5, and Segment 3 from C-5 to C6.
PAREX will also connect to, and utilize a 2.7-km. portion of the new Skyway Stage 3 from Nagtahan to Plaza Azul.
Ang said PAREX would finally complete the long-envisioned north-south-east-west expressway connectivity for the region.