Tuesday 16 October
Powered by Ajaxy
Oct 1, 2017 @ 10:12

Metro Manila needs 700km of mass transit to ease traffic

 

The capital needs 30 more EDSAs just to decongest traffic.

Metro Manila would need a whopping 700 kilometers (km) of railways and highways just to keep up with its ballooning population and cars plying the roads, according to the global lender International Finance Corp. (IFC).

“We can’t stop with the subway project. We’ve always been piecemeal with our
planning and project implementation. Metro Manila would need 700 kilometers in mass transport system to sufficiently address the needs of people living and working in Metro Manila,” IFC Senior Investment Officer Lulu Baclagon said during a forum organized by the BDO Private Bank.

Among the biggest projects under the Duterte administration’s infrastructure plan is the P355.6-billion subway project, which covers a 25-km track that will link Quezon City to Parañaque. This underground rail is expected to serve 370,000 passengers per day and will be funded by loans from Japan.

Please follow and like us:

Tags: , , , , , , , , , , , , , , , , , , , , , ,

Related Stories
Cavitex Infrastructure Corp. expects vehicle traffic to grow by much as seven percent this year
Bitcoin surged past $18,000 after making its debut on a major global exchange but was
Manila will surely be dead 25 years from now President Rodrigo Duterte does not make
NLEX Corp. grew its nine-month net income by 16 percent to P3.4 billion, driven by


 

Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.