NEDA Board approves Swiss Challenge for TPLEX extension

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The National Economic and Development Authority Board on Thursday allowed the Department of Public Works and Highways to proceed with the Swiss challenge for the P23-billion Tarlac-Pangasinan-La Union Expressway Extension project.

Following the Swiss challenge, the project is expected to be awarded by May 2024 in case there will be challengers, or it will be awarded to the original proponent by March 2024. The project construction is expected to be completed within five years from the signing of the contract. The project was initially approved by the NEDA Board on June 2, 2023, allowing the DPWH to commence negotiation with the original proponent. It is among the 197 infrastructure flagship projects of the Marcos administration.

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