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

  • Myanmar elevated expressway project
    September 21, 2018
    Discussions are being held in Myanmar with regard to the country’s Elevated Expressway Project. The Myanmar Government has been in talks with the International Finance Corporation (IFC). The project is expected to cost US$400 million, with work due to commence in 2019 and likely to require 24-36 months to complete. Building the 24km expressway will improve transport between the north and south of Yangon City. The project will be carried out under the PPP model, with IFC advising on the work.
    Read More
  • Mexico’s US$2.01bn for 2014 road work tenders
    February 3, 2014
    Mexico's Secretariat for Transport and Communications (SCT) has released US$2.01 billion (MXN 27 billion) for road work tenders to be carried out in 2014. In total, $4.489 billion (MXN 60 billion) will be spent on such projects this year. As previously reported in World Highways, tenders for 13 projects covering work to repair, upgrade and widen over 2,000km of roads have already been revealed. Tenders being opened will also include building bridges and bypasses around congested urban areas. Key tenders in
    Read More
  • Colombia road and tunnel connection to Medellin Airport
    September 13, 2017
    Work is well underway on a new road and tunnel project, which will provide an improved connection between the Colombian city of Medellin and its airport. The new link will measure 24km long in all and the construction work is expected to cost over US$342 million, with completion due at the end of 2018. The project is known overall as the Oriente Tunnel, with the work being carried out as a concession by Concesion Tunel Aburrá-Oriente. The project comprises four sections in all. These are the 786m Seminario
    Read More
  • Japan loan for Chennai Peripheral Ring Road
    March 5, 2024
    Chennai’s new ring road is one of several Indian highway projects to get more cash injections from Japan economic development loans.
    Read More

Highlighted Content