Business

Yuchengco’s EEI, 5 foreign firms vie for Malolos-Clark rail project

Construction giant EEI Corp. of the Yuchengco family and five foreign companies have submitted bids for phase 2 development of a rail system that will connect to Clark in Pampanga Malolos, Bulacan.

Construction giant EEI Corp. of the Yuchengco family and five foreign companies have submitted bids for phase 2 development of a rail system that will connect to Clark in Pampanga Malolos, Bulacan.

The five other interested bidders are Spain’s Acciona, Korea’s GS Engineering & Construction and Posco Engineering & Construction, Indonesia’s PT Waskita and PT Wika.

All six companies are vying for the right to construct the 53-kilometer segment, which forms part of the North-South Commuter Railway (NSCR).

NSCR will feature the country’s first airport express railway service.

PNR Clark Phase 2 is expected ti start partial operations by 2022. It is seen
reduce travel time between Malolos, Bulacan and Clark International Airport to just 30-35 minutes and from Buendia in Makati to Clark Airport from 2 hours via car to just 55 minutes through the airport express.

The rail line aims to serve 340,000 passengers daily in its first year of operations.

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