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

  • ARTBA sees growth for US transport construction
    December 5, 2017
    Steady growth in the US market for transport infrastructure construction in 2018. This prediction comes from a new report by the American Road & Transportation Builders Association (ARTBA). The report suggests that the US transportation infrastructure market will rebound slightly next year, following a 2.8% drop in 2017.
    Read More
  • Vietnam’s new planned city road links
    April 27, 2021
    Vietnam is planning new road links for its largest city.
    Read More
  • Major investment in Australia’s transport infrastructure
    June 5, 2015
    A joint venture featuring John Holland, Samsung C&T and Leighton Contractors (Leighton) has secured a deal to build and design Sydney’s M4 East motorway. The M4 East forms part of a project to build the WestConnex road tunnel, completion of which is expected in 2023. The M4 East is planned to be ready in 2019, while the WestConnex road tunnel is the biggest transport infrastructure of its kind in Australia. The deal won by the joint venture partners is valued at US$2.1 billion. The WestConnex project is pla
    Read More
  • Nicaragua road project funding deal
    February 1, 2018
    Nicaragua’s Ministry of Transport and Infrastructure (MTI) is setting out its road development programme for 2018. In all the plans call for the construction of 171km of roads. Work will be completed for the road from Mulukuku to Siuna, with the first 23km stretch due to open in September 2018 and the remaining 21.5km expected in December 2018. Meanwhile the road from Nueva Guinea to San Francisco should be complete by November 2018. Work started on these two routes in 2016. The project also calls for
    Read More

Highlighted Content