SAN Miguel Corp. (SMC), in collaboration with Ayala Greenfield Development Corp. (AGDC) — a joint venture of Ayala Land Inc. and the Greenfield Group — has commenced the development of the Ayala Greenfield Interchange in Laguna.
“This is part of SMC Infrastructure’s larger initiative to improve and expand our southern tollways network, particularly the South Luzon Expressway,” SMC Chairman and CEO Ramon Ang said.
“By the end of the year, we also expect to turn the road network into a 6×6-lane expressway. With this, we can better support and sustain the long-term growth of the Calabarzon region,” he added.
The interchange will connect the South Luzon Expressway (SLEx) Toll Road 3 (TR3) to local roads and enhance access to both SLEs and the Southern Tagalog Arterial Road (STAR) Tollway.
It is also meant to facilitate smoother travel between SLEx and Sto. Tomas, Batangas.
Construction is scheduled to start next month.
The interchange’s location on the TR3 section was said to position it as a crucial gateway connecting Metro Manila to southern Luzon.
With the ongoing construction of SLEs-TR4 and future development of TR5, an expanded transportation network that will span 542 kilometers will allow more access to key provinces like Quezon and Sorsogon.
Once TR4 is completed, the expressway will extend 67 kilometers further to Lucena and cut travel time between Sto. Tomas and Lucena from three hours to just 45 minutes.
Ayala Land said that beyond the regional impact, the interchange would bring direct benefits to the local community, significantly reducing travel time and providing more efficient access to major urban centers, including Metro Manila, Alabang and other southern commercial areas.
“We are not simply breaking ground on a new infrastructure project; we are laying the foundation for enhanced connectivity and growth, enriching the lives of the communities that we serve,” Ayala Corp. and Ayala Land Chairman Jaime Augusto Zobel de Ayala said.
“The Ayala Greenfield Interchange is a symbol of our shared vision to build a better and more vibrant future for the City of Calamba, for this generation, and for generations to come,” he added.
San Miguel’s share price rose by 45 centavos to P88.95 each on Monday, while Ayala Land’s increased by 65 centavos to P36.00 apiece.
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