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

  • Uruguay’s premier PPP project awarded
    November 11, 2015
    Work will commence shortly on Uruguay’s first PPP highway project. The construction and concession is being handled by a consortium comprising key contractors. The Uruguayan Ministry of Transport and Public Works awarded the project to a consortium made up of Sacyr Concesiones (43%), Sacyr Construcción (8%) and Grinor (49%). The project involves the building, restoration and management of a 179km corridor connecting the cities of Nueva Palmira and Mercedes.
    Read More
  • New bridge and road projects underway for Chile
    December 18, 2013
    Strong bids have been received for Chile’s Puente Industrial road bridge project, which will be built in Region VIII. Bidders included Spanish firm OHL as well as Besalco Concesiones-Concesiones Viarias Chile Tres and Sacyr Concesiones Chile. Work on the 2.5km bridge is expected to commence in 2014 and the project will cost some US$170 million to construct, with completion expected in 2017. The deal for the four lane bridge includes building access roads and involves a 30 year concession package. The Puente
    Read More
  • Philippines bypass receiving funding
    November 3, 2017
    A new bypass project in the Philippines will benefit from funding being supplied by Japan. The Bulacan Bypass project will be located on Luzon Island and will improve transport connections to and from the Bulacan area, lying to the northeast of the capital Manila. The new bypass road will connect Central Luzon to Metro Manila. Once the route is open to traffic, it is expected to improve journey times and cut congestion for drivers. The complete financing package has yet to be agreed between the two
    Read More
  • Japanese input to Uganda/Philippines
    February 29, 2012
    Japanese funding is helping pay for a key bridge replacement project in Uganda and road development in the Philippines.
    Read More

Highlighted Content