Makati City officials, along with the IRC consortium, is gearing up to break ground for the construction of a Subway rail system in Makati. The project will start by the end of the year and costs around $3.7PHP 218INR 315EUR 4CNY 27-billion.
The IRC Consortium which composes of Greenland Holdings Group, Jiangsu Provincial Construction Group Co. Ltd., Holdings Ltd., and China Harbour Engineering Company Ltd. proposed to build and manage the mass rail system which is expected to accommodate 700,000 passengers a day. The railway system links to MRT, Pasig River Ferry, and the upcoming Metro Manila subway. It is expected to link the key public and business spots of the City.
This subway project aims to decongest traffic inside Makati City. The trail will be near the following landmarks and roads:
Abigail Binay, Mayor of Makati City, said that the target completion date for the subway system will be on 2025. A Swiss challenge for this project, or a competitive bidding process, is ongoing and will end on September 24, 2018. The mayor also said that constructions will not impede road operations as it will be done underground.
Source: GMA News
