The City of Lapu-Lapu and the Lapu-Lapu Expressway (LLEX) Corporation signed a memorandum of understanding for the projected P24.8 billion Lapu-Lapu expressway, popularly known as the skyway project.
On June 9, 2022, the City Council approved Mayor Jun “Ahong” Chan’s joint venture agreement between the city government and LLEX Corp., consisting of Premium Megastructures Inc., Ulticon Builders Inc., and MTD Philippines Inc. The JVA outlines the roles, project scope, and financial terms, and the partnership will leverage the companies’ expertise to achieve project objectives.
The project aims to serve 50,000 vehicles daily, effectively relieving traffic congestion in Lapu-Lapu City. The expressway will be a four-lane, 12-kilometer toll road on Mactan Island.