- The Department of Transportation awarded Mitsubishi Corporation the integrated railway systems and trackwork contract for the Metro Manila subway
- The 140-billion yen (about P62.29 billion) contract is expected to be completed in 2028
- MC will design, manufacture, install and deliver all systems
Mitsubishi Corporation (MC) has been awarded the 140-billion yen (about P62.29 billion) contract to deliver the integrated railway systems and trackwork for the Metro Manila Subway Project by the Department of Transportation.
The contract is slated for completion in 2028, MC said in a media statement.
The subway project is being financed through the Japan International Cooperation Agency by an ODA loan granted under the Japanese government’s Special Terms for Economic Partnership program.
The Philippines and Japan signed on February 10 a 253.3 billion yen (P112.9 billion) loan agreement to fund construction of the first phase of the Metro Manila subway project. This is the second tranche funding for the first phase of the subway project. The first tranche worth 104.53 billion yen (about P47.58 billion) was signed in March 2018.
READ: PH, Japan sign P113B loan for MM subway project phase 1
MC is responsible for designing, manufacturing, installing and delivering of all the systems for what will be the Philippines’ first subway line between the northern city of Valenzuela and the southern city of Paranaque.
MC’s deliverables will cover a stretch of the subway extending from East Valenzuela Station to Terminal 3 Station (Ninoy Aquino International Airport), a total of 15 stations covering 27 kilometers, and to Bicutan Station to be financed by a different overseas development loan.
The Metro Manila subway is the first underground railway system in the country that will provide the most modern mass transportation in the National Capital Region. It will stretch from Valenzuela City to Food Terminal Inc., Parañaque and NAIA Terminal 3 in Pasay, and will further extend across the north and south zones of the Greater Capital Region.
The 36-kilometer subway project aims to ease traffic congestion, meet fast rising transport demand, and reduce air pollution in the country’s premier urban center. The 17-station subway will reduce travel time between Quezon City and NAIA from the current 70 minutes to only 35 minutes.
An extension of the existing lines and construction of new lines are also planned as future railway projects in the Philippines.
