Who is the Owner of SLEX?

Introduction

The South Luzon Expressway (SLEX) is a major expressway in the Philippines, serving as a vital transportation corridor connecting Manila to the Southern Tagalog regions. Who owns and operates this critical infrastructure is a question often asked by many.

Ownership and Management

The South Luzon Expressway is owned and operated by two separate entities:

• SLEX, Inc. owns a portion of the expressway from Alabang to Santo Tomas, Batangas, as well as the extension to Tayabas, Quezon.
• Metro Pacific Tollways Corporation (MPTC) acquired a majority stake in SLEX, Inc. in 2013, effectively becoming the primary owner and operator of this section of the expressway.

History of Ownership

* **1995:** SLEX, Inc. was incorporated as a joint venture between the Philippine National Construction Corporation (PNCC) and Ayala Corporation.
* **1997:** SLEX, Inc. opened the first section of SLEX from Alabang to Santo Tomas.
* **2002:** Ayala Corporation sold its stake in SLEX, Inc. to the MacroAsia Corporation, a subsidiary of conglomerate taipan Manuel V. Pangilinan.
* **2013:** Metro Pacific Tollways Corporation, a subsidiary of the Metro Pacific Investments Corporation, acquired the controlling stake in SLEX, Inc. from MacroAsia Corporation.

Conclusion

The ownership of SLEX has evolved over the years, but it is currently owned and operated by a consortium led by Metro Pacific Tollways Corporation. This consortium is responsible for the maintenance, expansion, and operation of the expressway, ensuring the seamless movement of goods and people between Manila and the Southern Philippines.

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