Catalyst for Development
February 09, 2011
About the North Luzon Expressway
Good roads enable economic growth. With the new North Luzon Expressway providing a gateway to Central and Northern Luzon , visitors and investors have gained access to the provinces north of Metro Manila. As envisioned by its builders, the expressway will be the catalyst that shall spur economic development in the regions. By facilitating travel, it will bring about greater mobility for people, easier and faster commodity flow, expanded tourist traffic, increased investments, and higher land values.
Increased investments. With the reduced travel time to Central and Northern Luzon , the NLEX has made the two regions more accessible to the National Capital Region. Since every kilometer of paved roads and bridges is utilized and maximized by about 220,000 office employees and workers every year, economic activity in these two regions is expected to accelerate. This will attract more investments, which, in turn, will result in the creation of additional jobs and the generation of wealth in the regions.
Higher traffic. As travel up north has become safer and more convenient, the influx of local and international visitors is expected to rise in the provinces of Northern Luzon . NLEX has become a key access to these places, allowing more people to view nature’s beauty and the rich historical heritage of the northern provinces . With the operations of the modernized expressway, an additional 210,000 tourists each year is expected to visit Regions 1 to 3 and the Cordillera Administrative Region
Source: http://mntc.com/nlex/catalyst.htm
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