Monday 20 August
Powered by Ajaxy
May 22, 2018 @ 17:30

MPIC-Ayala group to start construction of LRT 1 Cavite extension in October


Light Rail Manila Corp. (LRMC), a joint venture between Ayala Corp. and Metro Pacific Investments Corp., expects to start construction of the P35 billion LRT Line 1 Cavite extension project by October.

The project was hampered by right-of-way issues. It is targeted to be operational by the second quarter of 2021.

LRMC president Juan F. Alfonso said the project would cut travel time from Baclaran to Bacoor to one and a half hours a day, during rush hour.

“From Baclaran to Sucat, it will be only 15 minutes; Baclaran to Zapote, 20 minutes,” he added.

The 11.7-kilometer Cavite extension will connect into the existing system immediately south of the Baclaran station and will run in a generally southerly direction to Niyog, Cavite.

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

Related Stories
SMC Global Power, the power generation arm of San Miguel Corp., is issuing up to
Bullish on its growth prospects this year, Vista Land & Lifescapes Inc. has earmarked P35
A unit of infrastructure conglomerate Metro Pacific Investments Corp. is spending P9.2 billion to acquire
The Department of Transportation expects to come out with its decision on the unsolicited proposal


Trending News

Recommended on sister sites

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