Pres Marcos will honor and sign the contract signature of the metro passes

0

President Ferdinand “Bongbong” Marcos Jr. leads the groundbreaking ceremony for the two stations of the Metro Manila subway project in Pasig City on October 3. (Photo by Gelaine Louise Gutierrez/PIA-NCR File)

MANILA, (PIA) — President Ferdinand”bong bong“Marcos Jr. is set to honor and pronounce the signing of two Contracts (CP) for the Metro Manila Subway Project (MMSP) to be constructed in Quezon City, the event will be held Thursday at the President’s Hall in Malacanang.

MMSP’s CP102 on Quezon Avenue, along with CP103 Anonas Station and Camp Aguinaldo Station are two of seven civil works contracts for the 3.397 kilometer underground rail project.

Join Pres. Marcos at the event will be Quezon City Mayor Joy Belmonte, Japan International Cooperation Agency Senior Vice President Nakazawa Keiichiro, Japanese Embassy Charge d’Affaires Matsuda Kenichi, and Transportation Secretary Jaime Bautista.

Considered the “crown jewelof the Philippines’ mass transit infrastructure system, according to Sec. Bautista, the MMSP is poised to create more than 18,000 jobs during its construction and stimulate economic activity in nearby areas, and provide business opportunities once completed. The entire metro project has a total contract price of 20.4 billion pesos including Value Added Tax (VAT).

Earlier, the President also led the inauguration of the MMSP 104 (CP104) contract in the city of Pasig on October 3.

The MMSP also plans to provide a “comfortable, practical, safe and affordable” transportation option to the public at the end.

It will have a total length of 33 kilometers and 17 stations – crossing eight localities from the city of Valenzuela to FTI-Bicutan in the city of Parañaque with a line to Terminal 3 of the Ninoy Aquino International Airport (NAIA) in Pasay City.

Funded by the Japanese government, the MMSP will be the country’s first underground mass transit system, have a daily capacity of 519,000 passengers and aims to reduce travel time between Quezon City and NAIA from the current 70 minutes to 35 minutes.

The project, Sec. According to Bautista, it is also considered to improve transport efficiency by reducing travel time and providing the public with more time for personal efforts. (PIA-RCN)

Share.

Comments are closed.