In a report published by PTV News, the Department of Transportation or DOTr has already granted Infracorp Development Corporation the original proponent status. The project has a total cost of 3 Billion Php and will travel from Guadalupe station of MRT to Fort Bonifacio. The construction is expected to be completed in 2 years so commuters can anticipate its opening in the year 2021.
According to Infracorp president Kevin Tan, “We can start the project before the year ends and this will take us two years to complete it. By early 2021, we can open the Skytrain to the public,”The proposal submitted by the company states they will transfer the ownership of the Skytrain to the government. Infracorp will just have the right to operate the new monorail project.
Upon its completion, about 60,000 to 100,000 passengers every day will be able to enjoy the quick and more comfortable transport system from Makati to BGC. Tan said Makati and Taguig are two of the biggest business district in the Philippines so an efficient transport system is necessary. He also added the new fast and efficient transport system will finally be at par to other business cities in other countries like Sydney and Tokyo.
Now that DOTr has approved the proposal, it will be reviewed by the National Economic Development Authority or NEDA. After that, it will go through a Swiss Challenge where other companies have a chance to make offers.
Hopefully, the project will start construction soon so daily commuters in the Philippines can finally enjoy an improved transport system.
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