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

  • Philippines highway plan
    February 23, 2012
    In the Philippines the Department of Public Works and Highways (DPWH) intends to set out on a strategy of improving key roads and bridges to international standards in 2011. Under this strategy most of this US$2.31 billion budget will be targeted at national road network upgrades.
    Read More
  • Colombian road project
    April 23, 2012
    Road management firm Ruta del Sol intends to invest US$846 million in Colombia’s Ruta del Sol highway during 2012. The highway connects Colombia’s Central region with the Atlantic coast. Ruta de Sol has already invested $282 million in maintenance works for the 600km or so of existing highway and intends to extend the highway by a further 100km. Ruta de Sol has already opened the first 10km of the highway that forms part of the Sector 2 stretch of the, linking Puerto Salgar (Cundinamarca) to San Roque (Cesa
    Read More
  • Pakistan highway project underway
    May 9, 2016
    Construction work on a major highway project in Pakistan linking Peshawar with Karachi is now underway. Building the section from Sukkur to Multan is expected to take 36 months. Once complete, the six-lane highway will stretch 392km in length. In all the Peshawar-Karachi highway will be some 1,152km long and will also pass through Lahore. Funding worth US$2.89 billion is being provided by the Export-Import Bank of China with the construction work being carried out by China State Construction Engineering Cor
    Read More
  • Philippines infrastructure projects - funding plans
    June 19, 2020
    Funding plans are being set out for key infrastructure projects in the Philippines.
    Read More

Highlighted Content