Marubeni, DMCI bag $62-M contract for LRT-2 East Extension Project
MANILA, Philippines — A $62 million contract for the Manila LRT Line 2 East Extension Project has been awarded to Japan’s Marubeni Corp. and local contractor D.M Consunji Inc.
In a disclosure to the stock exchange on Friday, conglomerate DMCI Holdings said its construction arm will be in charge of track-work procurement, as well as construction and the installation of electrical and mechanical systems for the four-kilometer railway system extension project with two additional stations.
Marubeni, as consortium leader, will be responsible for overall administration and the procurement of electrical and mechanical “package” for the railway system.
“The project is one part of the ‘Capacity Enhancement of Mass Transit Systems in Metro Manila Project,’ which has been financed with ¥43.2 billion of Japanese governmental Yen-Credit, and it will contribute to reduction of both traffic congestion and air pollution, which are particularly severe problems in Metro Manila,” DMCI said.
DMCI is the contractor for the construction of a viaduct and two new stations - Emerald and Masinag - for the LRT-2 East Extension Project. “Construction on these items will soon be completed,” the company said.
The additional two stations are designed to accommodate an additional 80,000 passengers daily during its first 5 years of operation, which will add to the current LRT-2 average daily ridership of 240,000. — Ian Nicolas Cigaral
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