As of April 28, 2008, Exactly 12 noon, BCDA Announced the Subic - Clark Segment of Subic-Clark-Tarlac Expressway is Now Open to all Vehicles. BCDA saids your travel from Manila to Subic is only 1 Hour via North Luzon Expressway and 40 Minutes. The travel from Clark to Subic is only 40 Minutes.

Construction
The Subic-Clark-Tarlac Expressway or SCTEx Project started 2005, a project of President Gloria Macapagal-Arroyo the longest tollway in the Philippines that connects Subic, Clark and Tarlac. During the year 2007 the project has been delayed but before 2008 the construction was continued and finished.

Development
The expressway is part of the Bases Conversion Development Authority's Subic-Clark-Tarlac Expressway Project or SCTEP, which aims to connect the ecozones of Subic and Clark and the Hacienda Luisita in Tarlac. The joint-venture of First Philippine Infrastructure Development Corporation, Tollways Management Corporation and Egis Projects, the same concessionaires of the North Luzon Expressway, will handle all the operations and maintenance of the expressway. First Philippine Infrastructure Development Corporation is a subsidiary of First Philippine Holdings, a holding company under the Lopez Group of Companies with core investments in power and tollways, and strategic initiatives in property and manufacturing.

The four-lane divided highway is divided into two major sections. The first section, the Subic-Clark section is 50.5 kilometers long; the Clark-Tarlac section measures 43.27 kilometers long. Undertaking the construction for the first section are the Kajima-Obayashi-JFE Engineering-Mitsubishi (KOJM) Joint Venture and the second section under Hazama-Taisei-Nippon Steel (HTN) Joint Venture.

The total cost for the construction of the expressway is Php 27.405 billion. It was sourced through a loan from the Japan Bank for International Cooperation (JBIC) amounting to ¥41.93 billion or Php23.06 billion-with an interest rate of 0.95% per annum. The project, supposed to be completed by December 2007, was delayed due to right-of-way issues and slippage fixes.

P22.63 billion of the total project cost represents direct costs such as expenses incurred for the construction of the SCTEX. The indirect costs of P3.34 billion include land acquisition, consultancy services, project management expenses and taxes and duties. Financing costs of P1.23 billion include the Department of Finance guarantee fee and JBIC loan interest during the construction period. Toll Fees are approved by the Toll Regulatory Board.