Philippines US$1.54bn road-rail project to start in 2014

Universal LRT Corp (ULC), the concessionaire for the MRT-7 Light Rail and Road Project in the Philippines, is expected to commence works on the project this year. ULC has said that the proposed investment in the project, due for completion by mid-2018, has been increased from US$1.24 billion to $1.54 billion. Works will be undertaken by Marubeni of Japan. A 22km six-lane highway from San Jose del Monte City to North Luzon Expressway will form a key part of the project.
April 23, 2014 Read time: 1 min
Universal LRT Corp (ULC), the concessionaire for the MRT-7 Light Rail and Road Project in the Philippines, is expected to commence works on the project this year. ULC has said that the proposed investment in the project, due for completion by mid-2018, has been increased from US$1.24 billion to $1.54 billion. Works will be undertaken by Marubeni of Japan. A 22km six-lane highway from San Jose del Monte City to North Luzon Expressway will form a key part of the project.

Related Content

  • Funding found for New Zealands new links
    June 18, 2015
    Funding worth US$1.54 billion is helping to finance a series of infrastructure projects in New Zealand. Some $980 million will help pay for the half-tunnelled 4.8km Waterview Connection. A further $350 million is being used for the widening of a 10km stretch from St Lukes Rd interchange to Lincoln Rd. A portion of the funding is also being used for upgrading the Maioro motorway interchange in New Windsor. The funds will also pay for the $70 million upgrade of Auckland’s Northwestern Motorway beyond Henderso
    Read More
  • US$4 billion for road expansion in Vietnam
    May 21, 2024
    US$4 billion investment is planned for road expansion in Vietnam.
    Read More
  • US Government set to invest US$74.5 billion in transport
    March 15, 2012
    The US Government is set to invest US$74.5billion in transport improvements in the 2013 financial year (October 1, 2012-September 30, 2013), President Barack Obama has revealed.
    Read More
  • Philippino project
    February 7, 2012
    Work is due to start on the Tarlac-Pangasinan-La Union Expressway (TPLEx) in the Philippines in March 2010. The new highway will cut travel time and help boost economic development in and around Luzon.
    Read More

Highlighted Content