Philippine Stock Exchange, a subsidiary of Metro Pacific Tollways, has won the contract to construct an expressway linking the two main thoroughfares from Manila in the Philippines.

The project will involve linking the North Luzon Expressway (NLEX) and South Luzon Expressway (SLEX) by building a 13.2km elevated road.

The PHP17bn ($362m) project will be built using hollow core technology and is expected to reduce travel time between NLEX and SLEX and ease congestion.

The project is awaiting approval from the National Economic and Development Authority and will be funded by Japan International Cooperation Agency.

The project is scheduled to start in 2012, according to