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RAIL & other Key Infrastructure Projects for Greater Manila

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SEEKING Chinese LAISEE in the New Year - to finance Big Projects

12 projects pitched for China financing

The biggest request is $3,01 Billion for the south line of the North-South railway

#2: is $374 million for the New Centennial water source-Kaliwa dam

 

N/S Rail: 653 km railway from Tutaban (in Manila) to Calamba, Laguna

The plan is to maintain growth by ramping up infrastructure spending.

The availability of funding from China means that PH will not be reliant on the US

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The Biggest MEGA projects are mostly Rail
====
$4,250M (P213.0bn) : Mega Metro Manila subway system*
$2,674M (P134.1bn) : Tutuban-Los Banos Commuter Line (going to the South of Calamba)
$1,900M (P95.28bn) : Malolos-Clark railway, extending Tutuban-Malolos
=======
A PH delegation will visit Tokyo at the end of March seeking Yen financing for 14 big projects, including these three

The subway project is expected to go from FTI to North EDSA, Trinoma (probably).
Construction is expected to start next year and "will take two and a half years to complete" (so quick?)

- based on an article in today's Business World

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ARCA South, BGC & other areas will benefit from infrastructure developments, now moving forward

Readers might want to glance at this - it is from Ayala Premier , Ayala's top brand

With a focus on Arca South, "the next BGC", now that BGC is mostly sold and is becoming almost

"an island surrounded by traffic jams."

New infrastructure is sorely needed, and the MEGA MANILA subway, if it gets built should provide the needed fix for Rockwell (Kalayaan station), BGC, and also Arca South (FTI station)

I think good developments near the stations will trump less well-located properties, if Hong Kong is a good model.

So watching these future transport infrastructure developments can provide a payoff

Arca South - Update:

Roads & utilities 99% completed

5km from BGC, 7km from Makati, 5mins from NAIA
Beneficiary of 2 ongoing infrastructure developments:

  • Intermodal Transport System awarded to Ayala: airport-like facility, centralized ticketing, 1200 slots for PUV, access from C6 ramp
  • Skyway MME3/C6-Skyway connector

 

Mega Manila Subway

> http://globalnation....- manila-subway

The subway’s proposed stops are:

Mindanao Avenue, North Avenue, Quezon Avenue, East Avenue, Anonas, Katipunan, Ortigas North, Ortigas South, Kalayaan, Bonifacio Global City, Cayetano Boulevard, Food Terminal Inc.(Arca South) and the Ninoy Aquino International Airport.

 

Duterte, Abe to sign deal paving for Mega Manila subway

By: Jovic Yee - Reporter / @jovicyeeINQ
Philippine Daily Inquirer / 03:45 PM April 18, 2017

Transportation Secretary Arthur Tugade said on Tuesday that President Rodrigo Duterte and Japanese Prime Minister Shinzo Abe are set to sign in November this year an agreement that would jump-start the construction of the country’s first subway system.

During the “Dutertenomics” forum at Conrad Hotel in Manila which showcased the priority projects of the Duterte administration to usher in what it called the country’s “golden age of infrastructure,” Tugade said that the Mega Manila Subway system is being eyed to be constructed by the fourth quarter of 2020, but may be initiated as early as 2019.

Tugade said that the P227-billion project, which is “one of the very ambitious projects of the Duterte administration,” would be funded by the government and through an official development assistance. He added that it promises to bring commuters from Quezon City to Taguig City in just 31 minutes.

. . . Also in the pipeline for the development of the country’s rail systems is the construction of the Philippine National Railways (PNR) North Rail that would connect Tutuban in Manila with Clark in Pampanga.

Tugade said that the construction of the P225-billion rail is estimated to be started by the second quarter of 2018. Once completed in 2021, the 100-kilometer PNR North Rail is seen to cater to around 350,000 passengers daily, who can reach Clark from Tutuban in 55 minutes.

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Mega Manila Subway Project

This one looks like it may happen - there is a very serious need.
Moving people from Quezon City, to Ortigas, then south of Edsa through BGC and to FTI / ARCA South, then NAIA

Mega-Manila-Subway-Route_CNNPH.png
Watch: President Duterte`s Mega Manila Subway Project & PNR North to South for 2018 #Buildbuildbuild
https://www.youtube.com/watch?v=ztV4zEzTso4

.

The Beginning of “The Glory Age of Infrastructure”
M E T R O M A N I L A M A R K E T V I E W - Q3-2016 CBRE Research
New expressway connecting Terminals 1 and 2 of the Ninoy Aquino International Airport (NAIA) to the Entertainment City.
> Q3-2016 : http://www.cbre.com.ph/wp-content/uploads/2016/12/Q3-2016-Metro-Manila-Market-View.pdf

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Philippines, plenty of borrowing capacity, to fuel infrastructure Build-outs

I was a little surprised how GOOD the Debt figures now look for the Philippines
====
Government Debt to GDP : 42% (end 2016)
Household Debt to GDP-- : 9 % (end 2016)
That combined total of ---: 51% is very low, and shows there is plenty of room to borrow for infrastructure improvements
==
Compare with other countries:
Country tot'l 2013 / Govt.: HseHD : Total-2016

Japan-------- : ???? / 250% + 62% = 312%

USA----------- : 123% / 104% + 79% = 183%
Singapore - : 105% / 105% + 62% = 167%
Euro Area -- : ????? / 91 % + 59% = 150%
Malaysia---- : 140% / 53 % + 89% = 142%
OECD aver. : 134% /
Thailand---- : ? 53% / 44 % + 71% = 115%
Hong Kong : ????? / 32 % + 67% = 99 %

China, PRC : ????? / 44 % + 43% = 87 %
Philippines : ??? / 42 % + 9 % = 51 %
Indonesia-- : 38 % / 27 % + 17% = 44 %
> http://www.tradingeconomics.com/hong-kong/indicators
> http://www.greenenergyinvestors.com/index.php?showtopic=18811&page=14

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Take a train check

By Conrado Banal / March 20, 2017
 
This one just in: Two gigantic Japanese conglomerates, the so-called zaibatsu, agreed to lend their technical expertise to a critical railway project in Metro Manila.
 
That would be the Tutuban-Calamba freight train project of the state-owned Philippine National Railways (PNR), owner of the oldest rails this side of Benham Rise.

 

Neglected railways

Between La Union province and the Bicol region, passing through Metro Manila, started operations way back in the 1900s.

 
The tracks between Metro Manila and Calamba (Laguna) happened to be part of the incredible P170-billion infrastructure dream project called the North-South Railway.
 
The government originally set the bidding for the project in 2015. The bidding never took place. The dream project remained just that—a dream.
 
And so one group called MRail Inc. submitted an unsolicited proposal to the government, willing to spend a fortune for the rehab of the Tutuban-Calamba tracks. The PNR, in return, will let it use the tracks.
 
In other words, there will be no cash out from the government.
 
Specifically, MRail proposed to use the line for freight cargos coming from the Manila port, and the PNR could then use the same line for commuter service.
 
The Department of Transportation (DOTr) actually saw the Tutuban-Calamba railroad rehab project as one of the low hanging fruits in a huge forest of infra projects that the administration of the motorbike riding Duterte Harley dreamt of, particularly in its P8-trillion “golden age of infra” program.
 
Transportation Secretary Arthur Tugade himself approved the proposal.
 
It was seen to provide another mode of transport for the millions of tons of containerized cargoes passing through the Manila port. The daily trips of these huge trucks loaded with containers could be part of the terrible traffic affecting the metropolis day in and day out.
 
Put the containers on trains, according to the wisdom of Tugade, and you could alleviate the horrendous traffic mess.
 
Moreover, the rehab proposal would jump-start the bigger project, the North-South Railway, which covers some 653 kilometers of tracks between Metro Manila and the Bicol region.
 
Technical studies already showed that the tracks would need extensive rehab, and the entire project needing dozens upon dozens of new roads and bridges.
 
The bidding that was originally scheduled for 2015, the one that did not materialize, tickled the financial bones of some 14 local conglomerates such as Aboitiz, San Miguel and Metro Pacific. It also attracted giant groups abroad like Japanese firms Marubeni and Mitsui, US firm General Electric, and South Korea’s Daewoo.
Unfortunately, the project is already delayed by almost three years. Included in it, as I mentioned, is the 56-kilometer commuter line between Tutuban and Calamba.
 
When Tugade approved the rehab project of MRail, the business sector took it as a sign of “political will” on the part of the Duterte administration.
 
But not so fast! The project remains on the drawing board, because the PNR and the DOTr took a rain check.
 
The PNR board has yet to complete the signatures of its members for the “approved” project. The DOTr technical staff is also taking forever to come up with the conditions.
 
Yet, Tugade already announced that the project would have a “soft opening” within one freaking year.
 
Meanwhile, Metro Manila remains to coddle the worst traffic in the world, according to traffic planning app Waze.
 
While big ticket projects like the Tutuban-Calamba railway rehab would always get the media hype, reports rarely note that such large projects would take time to carry out—a long, long time.
 
The donors from abroad, for instance, would have to evaluate the projects, normally between 12 and 24 months. The detailed design and engineering would then need another 12 to 24 months, while the final financial closing would take 24 to 36 months.
 
More than eight months now in power, the Duterte administration could still not show some spadework in its P8-trillion “golden age of infra” program.
 

Before any of the projects could be finished, Duterte Harley would already be on his way out.

> http://philippinerailwayhistoricalsociety.blogspot.hk/

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Finally! This should have been done years ago!

 

DOtr plans to extend Mega Manila Subway

The Dept of Transport is planning to extend the Mega Manila subway project to the Ninoy Aquino International Airport (NAIA) amid expected growth in passenger volume

"... Need to have than connectivity with NAIA because of the projected increase in volume of passsengers"

 

The P227 billion Mega Manila project is a 25 km underground mass transportation system connecting major business districts and government centers.

+ Original alignment was 13 stations from Mindanao Avenue in Quezon City to FTI in Taguig

+ When finished, total travel time should be brought down to 31 minutes

+ expected to serve around 370,000 passenger journeys per day, in its opening year

President Duterte and Japanese prime minister Abe are expected to sign a loan agreement providing finance for the project when Abe visits Manila in November

Transports secretary Arthur Tugade wants the system to be operational before the end of Duterte's term

 

JICA Plans - Combining with existing tranport

2-1.jpg

 

1-3.jpg

Some of the places that would have MMS stations include Cubao and Quezon Avenue in Quezon City. A link was also provided to see the rest of the information collected, which also included cross sections of a station in McKinley Parkway and schematics for placement of ground access to the McKinley Parkway station.

> more: http://primer.com.ph/blog/2017/04/05/jica-releases-plans-for-mega-manila-subway/

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MORE Details associated with the story above

 

ODA deal with Japan to fund subway expected

Posted on April 19, 2017

THE GOVERNMENT is looking to sign an agreement with Japan by November for the planned P227 billion Mega Manila Subway project seen completed by 2024, two years after the current government’s term ends.

 

 
2017041997188.jpg
 
The Mega Manila Subway project is expected to reduce traffic congestion in the country's capital. BW FILE PHOTO
 
arrow_right.PNG

Transportation Secretary Arthur P. Tugade said yesterday that the subway project, the first of its kind in the country, will be funded both through official development assistance (ODA) and from the government’s budget.

“One of the very ambitious infrastructure project of the Duterte administration is what we call the Mega Manila Subway project. This is the first subway project in Manila and it will be using Japanese funding and expertise,” Mr. Tugade told a forum of economic managers on Tuesday.

The 25-kilometer underground mass transportation system connecting major business districts and government centers is expected to serve around 370,000 passengers per day in its opening year.

The first phase of the subway project will cover Quezon City, Mandaluyong, Pasig and Taguig. It will have at least 13 stops -- Mindanao Avenue, Tandang Sora, North Avenue, Quezon Avenue, East Avenue, Anonas, Katipunan, Ortigas North, Ortigas South, Kalayaan Avenue, Bonifacio Global City, and Cayetano Boulevard in Taguig -- and will be capable of end-to-end travel time of 31 minutes.

“This project is slated to start in the fourth quarter of 2020, that’s what the project proponents said; I’m trying to push to start it by 2019, with completion date in the second quarter of 2024,” Mr. Tugade said.

“Our target for signing of this contract is November this year; hopefully that agreement will be signed between Prime Minister [shinzo] Abe and President [Rodrigo R.] Duterte,” the Transportation chief added.

The feasibility study for the project is being conducted with the help of a grant from the Japan International Cooperation Agency (JICA). Project development is expected to be completed by August.

“It doesn’t mean that both governments have agreed on all details of the project. It just means that we’ve set a target when we should finalize the project,” Mr. Tugade said in Filipino.

> http://www.bworldonline.com/content.php?section=Economy&title=oda-deal-with-japan-to-fund-subway-expected&id=143935

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Massive PH infrastructure build coming ... and massive financing numbers too

 

P1.5r Trillion flagship projects set

 

"MORE than 50 of the Duterte administration's 75 flagship projects are estimated to cost P1.58 trillion while the cost of the remaining projects is yet to be determined, data from the National Economic and Development Authority (NEDA) showed."

 

TOP FUNDERS

====

ODA -------- P 998.2 Bn : Official Development Assistance

Japan ------- P 226.9 B

GAA -------- P 181.7 B : General Appropriations Act

China ------- P 164.6 B

/ note; Total P 1.58 Trillion = about USD 30 Billon

==========

 

 

"PH suffers from Duterte discount"

 

Hong Kong -

The Philippines is suffering from a presidential discount. Local equities have delivered poor returns during the first year in office of President Duterte. This suggests little positive regard for the hard-nosed leader's solid (pro-growth) economic agenda.

 

+ The country is in strong financial shape, and the World Bank forecasts a 7% growth rate

+ Consumer confidence among the young population has hit an all time high

+ Government debt to GDP is the lowest in three decades

+ Duterte's plan to cut taxes and raise infrastructure spending looks sound, & has wide popular support

 

Nevertheless:

 

+ The PH Peso has fallen more than 7% since Du30 took office 6/30/2016

 

The PH stock market is on par with other regional stock markets:

+ PH PE's average 16.9 times

+ Indonesia : 16.1X; Thailand: 14.7x; India: 18.2x - only India has a similar growth rate

 

Perhaps it is "the bloody drug war" that is suppressing confidence

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Sure. That makes sense

But if it is to import capital goods and equipment etc to improve the PH infrastructure (which could be a big part of the shift),

it will be a long term positive for the country. If it is just consumer goods, it will not be so good.

Reading what was written, I think that capital goods, and infrastructure investment are a real part of the deficit...

 

Philippine Peso Slumps on Record Trade Deficit Figures By
Melissa Cheok
July 10, 2017,
  • Trade shortfall was $2.8 billion, largest since 1980
  • Imports gained 17% from year earlier, exports rose 14%

The Philippines posted its biggest trade deficit since data became available, fueled by a rapidly expanding economy. The currency slumped to its weakest level since 2006.

Key Points

  • The trade gap widened to $2.8 billion in May, the Philippine Statistics Authority said in a statement Tuesday. That’s the highest since at least January 1980.
  • The median estimate in a Bloomberg survey of nine economists was for a $1.5 billion shortfall
  • Exports rose 14 percent from a year ago to $5.5 billion; imports jumped 17 percent to $8.2 billion
200x-1.png

Big Picture

Import demand in the Philippines is surging as the government powers ahead with an ambitious infrastructure program, boosting economic growth to more than 6 percent, among the fastest in the world...

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Megawide is venturing into railways

 

xx

 

Shares gained eight centavos (+0.44%) to close at P18.26

 

MW has been active in PPP deals

Now they may be acquiring a majority stake in the equity of an SPV that will develop the East-West railway

 

MW has bought an option to buy a 60% share in the East-West Rail Transit Corp (EWRTC) - a consortium

 

The rail link will run along Quezon Avenue and Espana Blvd, and have 11 stations

 

Megawide has expressed an interest in joining the bidding for the P12.55 bn Clark Int'l Airport expansion project

(needs more experience perhaps.)

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BOOST FOR BULACAN

MRT 7 to be completed by Q4-2019 - Tugade

The 22 km Metro Rail Transit (MRT 7) that will connect Quezon City and Bulacan is is expected to be completed in the last quarter of 2019

+ The project will have 14 stations between North Avenue in Quezon City, and San Jose del monte City in Bulacan
+ It is about 36 Trainsets or 108 cars that wll service the route; enough to carry 500k passengers a day
+ With be constructed by a consortium led by San Miguel Holdings

=====

 

Bulacan pushes to revive dead rivers

Bulcan Governor Wilhelmino Sy-Alvardo got the support of Sen. Cynthia Villar & Sen. Sherwin Gatchalian to commit assistance to revive the Marilao-Meycauayan-Obando River System (MMORS), once considered as 'among the most polluted rivers in the world"

Vlllar said she spent "15 years of my life cleaning the river" in Las Pinas

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ANOTHER HURDLE about to be cleared - by Metro Manila MRT ?

 

"Project of the Century" - Metro Manila Subway project now up for NEDA board approval

 

+ Up from approval by the National Economic and Development Authority

+ The NEDA board meeting will be chaired by President Duterte

+ "Project of the Century... which will cost something like $5 billion" (before over-runs haha)

+ Feasiibility study for the P 227 billion was already completed, & was financed by Japan's JICA

+ The govt aims to seal the approval of financing for the project when Abe visits in Nov.

+ An interest rate below 1% is expected

+ Once completed, it is expected to transport 370,000 passengers per day

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MVP picking another cherry? (this one in the transport sector)

 

Pangillian: MRT-3 Buyout talks continue

 

"Metro-Pacific Investments sees progress in its plan to buy Metro Rail Transit Corporation from the government"

 

+ Progress = Discussions

+ Undersecretary of DoT Cesar Chavez said that they want MRT-3 to be privatized, then placed under mgmt of LRT-2

+ Price? "No hard estimates... its complicated" said MVP

+ Rogelio Singson has said: the problem with MRT is that it is owned by the government.

If the govt needs a spare part, it is constrained by procurement laws. A private co. "can just buy it"

+ MPIC President Joey Lim has said that they can make MRT-3 profitable, like LRT-2

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Good news for LRT and MRT commuters?

/ 1 /

LRT 1 cited for (improved) quality standard - Business Insight, 9/1/17, pg. A3

Light Rail Manila Corp (LRMC) operator of the country's oldest light rail system, LRT-1, said that it has received certification for ISO 9001 and 14001, less than two years since work began to upgrade Manila's oldest light rail system.

... following a two-year company-wide program to improve operational efficiencies...

LRMC is the first company in PH to get such a certification

"LRMC was able to improve efficiencies and introduce innovations that resulted in increased number of trains and trips,reduced passenger waiting time, improved safety and cleanliness of the stations, increased ridership, extended operating hours, increased customer satisfaction - all unprecedented milestones..."

LRMC is (also) responsible for the extension of the train system all the way to Cavite.

It is composed of MPIC's Metro Pacific Light Rail Corp, Ayala Corp's AC Infrastructure Holdings, and Maquarie Infrastructure holdings

/ 2 /

MPIC-Ayala eyes MRT-3 takeover in 6 months - Philippine Star, 9/01/17, pg. B1

The group of Metro-Pacific Investments Corp (MPIC) and Ayala Corp hopes to takeover the operation of the Metro Rail Transit Line withing six months.

... the group submitted a proposal for the MRT-3 to the government last July 14.

... under the proposal, the group would invest P 12 billion to rehabilitate the train system

... there would be no increase in train fares fr two years

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Metro Manila subway up for Duterte's okay

P 355.6-B project, three others, approved by Cabinet-level panel

Construction of the country's first subway has taken a step forward following the project's approval by a Cabinet-level committee.

+ Now up for Du-30's approval as head of NEDA

+ Cost up from P 225B to P 356B, as the line has been extended from Taguig to NAIA complex in Paranaque

+ Ground-breaking expected in Q4-2017

+ Japan's JICA is expected to fund the project at a 0.10% interest rate, with a 40 year term, and a 10 year grace period

Build-Own-Transfer was approved for a P 15.4 Bn expansion at Clark Airport

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PH opens to foreign contractors - Ph. Daily Inquirer, B1, 9/8/2017

To fast-track the rollout of infrastructure projects and enjoin greater private sector participation, the government will remove the restriction on foreign contractors from its negative list , the country's chief economist said yesterday.

Presently, foreigners can own only up to 40% of a bidding contractor firm.

This will allow majority-foreign owned firms to compete

(Speculation: Did Japanese financiers make this a requirement of their "cheap" loans"?)

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DOTr terminates MRT-3 contract with BURI - Phil. Star, top of pg1

+ Officially terminated the MRT-3 contract with Busan Universal Rail (BURI)
+ Dept of Transport says it failed to comply with the terms of the contract

+ An intention to terminate had previously been signaled to BURI, on Oct 17th

+ A three year contract for P3.8 billion began in 2016, and was intended to continue until 2019

+ An MRT Transition Team has been put in place to manage the changeover

+ DoTr withheld P59.4million of payments to BURI, as penalties & for spare parts

+ THREE international firms have shown an interest in taking over the contract:

1. Sumitomo Corp., of Japan

2. SMRT Corp., of Singapore

3. RAPT Dev. - the service provider of LRT, line 1

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17 stations of Manila-Clark Railway announced

The Department of Transportation says it aims to start the construction of the railway system in the last quarter of 2017 and finish it by 2021

MANILA, Philippines (UPDATED) – Tutuban, Tondo, Caloocan, and Valenzuela in Metro Manila, as well as Meycauayan and Marilao in Bulacan, will be the first 6 stations of a mass transit railway that will connect commuters from Manila to Clark International Airport in Pampanga.

This was announced by the Department of Transportation (DOTr) a day ahead of a station marking event for the P225-billion Manila-Clark Railway, which will be funded through official development assistance (ODA) from Japan.

The project that will once again connect Central Luzon and Metro Manila by rail "will be completed under the Duterte administration," Transportation Secretary Arthur Tugade said in a statement on Sunday, June 25.

Eleven other stations are Bocaue, Balagtas, Guiguinto, Malolos, and Calumpit in Bulacan, plus Apalit, San Fernando, Angeles, Clark, and Clark International Airport in Pampanga, and the proposed New Clark City in Tarlac.

The 106-kilometer railway project is one of the "high-impact projects" of President Rodrigo Duterte under the government's "Build Build Build" infrastructure program.

With this rail project, the DOTr aims to cut the two-hour travel time from Manila to Clark to 55 minutes.

"The rail system stands to benefit 350,000 passengers daily on its first year of operations," said the transportation department.

Completed in 2021

Philippine National Railways (PNR) General Manager Junn Magno said the project is seen to decongest Metro Manila and further spread economic gains.

"This project will ease traffic congestion and help thousands of commuters coming from Bulacan and Pampanga who travel daily to their workplaces or schools in Metro Manila," Magno said.

According to the DOTr, the project will start construction in the last quarter of 2017 and will be completed by the last quarter of 2021.

The whole line will have 13 train sets with 8 cars or coaches per train set. Each train can reach a maximum speed of 120 kilometers per hour.

In June 2016, Duterte told the media that Chinese diplomats offered to fund and build the project in two years. A year later, the transportation department said the project would be funded through ODA from Japan. – Rappler.com

https://www.rappler.com/business/173...-revealed-dotr

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MANILA's TRAFFIC : Getting Worse

There are a number of reasons for this:

1. MRT-3, along EDSA is down to just 5 trains, 25% of expected capacity.

It was SUPPOSED to be rising now, not falling, since new trainsets were ordered 2-3 years ago

2. BGC is growing, and rising traffic, to-and-from is adding cars to over-burden roads.

New completions of Residential Condos in 2017, should add 36% to supply this year.

And office completions will also show a big jump

3. Filipino Driving habits are not helping.

Some drivers say that the daily CARmegeddon is caused by the habit of Filipino drivers

"to use counterflow and 'gitgit' (corner cutting?) to cope with delays".  But it is not that simple

 

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Metro Manila traffic cost balloons to P3.5 Bn a day (Manila Times headline)

Cost of Traffic congestion has ballooned:

+ Cost of P2.4 billion a day has jumped to P3.5 billion a day in 2017

+ Traffic demand now stood at 13.4 million trips a day

+ "If we do nothing, it will become P5.4 billion a day in 2035", said Susumo Ito, of JICA at a conference on Thursday

+ Build, Build, Build is in the right direction, and should reduce the daily cost to P3 bn, or P2.5 bn with additional projects

The PH govt intends to fast track the Mega Manila subway project.  Financing may be in place next month, with a targeted completion date of 2025

 

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A rehab plan for MRT 3, per Manila Bulletin, editorial

+ PH govt to spend P 17 billion on trains, tracks, signaling, equipment etc, to fully rehab MRT-3
+ Will take 43 months (!) but should bring system up to capacity of 600,000 passengers daily
+ At low point MRT was down to just 7 trains, with one breakdown per day (on average)
+ Has been able to recover now to 15 trains carrying 405,000 ppd
+ A new maintenance provider nominated by (Japanese) JICA should begin work this month,
to bring capacity back to 20 trains carrying 540,000 ppd

Improvements are badly needed to take the strain off the roads and highways

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Government greenlights Makati-BGC Skytrain
 
(The Philippine Star) - May 28, 2018 - 12:00am

MANILA, Philippines — The Department of Transportation (DOTr) has granted “original proponent status” to the two-kilometer Skytrain monorail project of Infracorp Development Inc., the infrastructure company of tycoon Andrew Tan’s Alliance Global Group Inc. (AGI) that will connect Fort Bonifacio in Taguig to Makati.

“We laud the government’s quick action to the proposal. This is another clear indication of the government’s serious commitment and focus on infrastructure developments,” said Kevin Tan, Infracorp president.

The P3-billion Skytrain monorail project will use automated cable-propelled monorail technology, reducing travel time from uptown Bonifacio to MRT Guadalupe to only five minutes, at no cost to the government.

The project will also make provisions to interconnect with other transport hubs operating within the area where the monorail passes through. It is seen to benefit around 60,000 to 100,000 commuters every day.

“There is really an urgent need to connect the two major business districts of Makati and Taguig, and this project will make that into a reality,” said Tan.

With the DOTr’s endorsement of the project, the proposal will go through a review by the National Economic and Development Authority’s Investment Coordination Committee.

The unsolicited proposal was submitted to the DOTr in October last year.

The 24-year-old AGI created Infracorp last year, marking its entry into infrastructure projects, particularly to participate in the government’s private-public partnership projects.

The company is also part of the “super consortium” that submitted a proposal to rehabilitate and expand the Ninoy Aquino International Airport, along with some of the country’s biggest conglomerates.

Infracorp is also looking into other potential infrastructure projects, particularly on transport solutions, in several business districts around Metro Manila and in key growth areas around the country.


Mmore at https://www.philstar.com/headlines/2018/05/28/1819300/government-greenlights-makati-bgc-skytrain#RJROkzz1gdwAWYYD.99

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Rockwell's New "expanded" Bridge

A new enhanced bridge at Estrella-Pantaleon could help greatly connectivity

DOqZgOVV4AAAQ0W.jpg

2

21742918_1894995847484455_11352144450783

38244375_422835588208434_163135912455176

Contemplating the View in the area

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