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

  • China’s Inner Mongolia region plans US$10.42bn road constructions in 2014
    June 12, 2014
    China's Inner Mongolia region plans to invest US$10.42 billion (CNY 65 billion) in road construction in 2014. The road projects will span over a combined 15,000km, with highways accounting for 1,990km of that. The seven cities in the west of the region plan to complete a road investment of $6.7 billion (CNY 41 billion), covering a total length of 7,000km. Meanwhile, the earmarked two-year construction of the Beijing section of the Beijing-Taipei Expressway is expected to start within 2014. The 120km/h limi
    Read More
  • New Costa Rica road connection
    May 8, 2020
    A new Costa Rican road connection project is planned.
    Read More
  • Eastern European highway and tunnel projects
    May 15, 2012
    Serbia’s Corridor 10 project, seen as key to the country’s future economic development, is 20 years behind schedule. With construction delayed and the matter being debated, the Serbian Ministry for Infrastructure, which reported the schedule delay, says the country is working as fast as possible, with 22km being built/year. The corridor will connect the country with its neighbours and provide an important route for through traffic.
    Read More
  • Indian road projects underway
    April 20, 2023
    Indian road network development projects are underway.
    Read More

Highlighted Content