INFRACORP Development Inc. has submitted an unsolicited proposal to build a “Skytrain” monorail that will connect Megaworld’s Uptown Bonifacio with the MRT Guadalupe Station. The proposal stated that it will be 2-kilometers long, will serve 60,000 to 100,000 passengers daily, and will be at no cost to the government. The project aims to help ease traffic in the metro
The project aims to help ease traffic in the metro by further connecting the two destinations. As stated in the proposal, the Skytrain will cut travel time from BGC to Guadalupe down to about 5 minutes.
The new company was created by Billionaire Andrew Tan’s Alliance Global Group Inc. (AGI) to handle infrastructure ventures.
“Given the country’s strong and stable economy, we see a huge opportunity to invest in infrastructure. We are excited to participate and optimistic about the government’s aggressive push for infrastructure developments,” AGI executive director and INFRACORP president Kevin Tan said.