USD1.2bn EPC contract awarded for subway PPP in Philippines
The project concessionaire for Makati City Subway PPP project in Manila, Infradev Holdings Inc, has signed an engineering, procurement, and construction (EPC) contract with China Construction Second Engineering Bureau Co. Ltd.
The EPC deal was signed during the 2020 International Fair for Trade in Services, the Belt, and Road Overseas Projects in Beijing, China. The contract involves mechanical, electrical, and plumbing works for the subway project.
The project involves the construction and operation of a 10-kilometer intra-city subway with 10 stations that will serve Manila´s business district Makati. The subway line will connect key points in Makati: Central Business District, Puyat avenues, Circuit Makati, the Makati City Hall, the Poblacion Heritage Site, University of Makati, Makati hospital, and the other new business districts within the city.
The project will use a dual-track system and will have air-conditioned, underground island stations that can accommodate up to six-car trains, with room for over 200 persons per car. The subway system is expected to move more than 700,000 passengers per day.
The project is planned to be completed by 2025.
Country news
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August 28, 2020
Philippines approves 2 potential PPPs
Two potential public-private partnership (PPP) projects have been approved for Project Development and Monitoring Facility (PDMF) support. The PDMF Committee convened on August 7, 2020 and approved the project preparation and transaction advisory support for the following projects: (i) the National Economic and Development Authority (NEDA)’s NEDA sa Makati (NsM) Property Redevelopment Project, and (ii) the Department of Health (DOH)’s Bicol Medical Center (BMC) – Medical Arts Building and Upgrading of Health Services. Both projects are envisioned to be implemented through PPP under the Amended Build-Operate-Transfer (BOT) Law or Republic Act No. 7718.
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July 22, 2020
InfraPPP join Asian Development Bank's knowledge collaboration platform
InfraPPP is pleased to announce that the Asian Development Bank (ADB) has included Infrastructure Knowledge, the Linkedin group powered by InfraPPP, into the Development Asia's Online Communities.
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January 23, 2020
New airport terminal 93% complete in the Philippines
Department of Transportation in Philipines has announced that the construction works for Clark International Airport (CIA) in Pampanga Province is 93.31% complete and it is scheduled to open for operations by mid-2020.
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January 22, 2020
Half mark reached on $1.2bn railway project in the Philippines
The Department of Transportation (DOTr) in the Philippines have announces last week that Metro Rail Transit (MRT) Line 7 from Quezon City to Bulacan province is 50.7% complete.
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December 20, 2019
$3.5bn Metro project in the Philippines to begin construction
The Makati City Subway Project in Manila has secured an environmental clearance from the Department of Environmental and Natural Resources (DENR) in the Philippines. The project developers are expecting to start the construction by the end of the year.
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