NLEX Road Widening Contract Signing

The Manila North Tollways Corporation (MNTC), builder and concessionaire of the NLEX, recently signed a contract with First Balfour, Inc. and Haidee Construction and Development Corporation / 4B Construction Corporation (Joint Venture) for the P2.6-billion NLEX road widening project. The contract signing signals the start of construction of the widening project aimed at addressing the increase in the volume of vehicles using the 93-kilometer tollway connecting Metro Manila to Central and North Luzon. Leading the contract signing are MNTC president and CEO Rodrigo Franco (center seated), First Balfour executive vice president Rey Villar (3rd from left seated), and HCDC president and authorized managing officer of the joint venture Rommel Concepcion (5th from left seated). Other signatories to the contract are (from left to right seated) MNTC chief financial officer Theresa Wells, First Balfour board director Dr. Fiorello Estuar, MNTC chief operating officer Raul Ignacio, 4BCC vice president for sales Randy Viacrusis, and 4BCC vice president for administration and finance Eric Viacrusis.