Big infra proj. good for eco-FMJ
By Nidz Godino
“The signing of these contract packages is clear demonstration of this administration’s commitment to pursuing big infrastructure projects that will foster growth and revitalize economy,” President Ferdinand “Bongbong” Marcos Jr. vowed to pursue big-ticket infrastructure projects to revitalize country’s economy during signing of Metro Manila Subway Project (MMSP) Contract Packages 102 and 103 in Malacañang.
Besides MMSP,President Marcos said also in line are other key railway projects, such as Metro Rail Transit-7, the Light Rail Transit-1 Cavite Extension and the Philippine National Railway Clark Phases 1 and 2.
“We owe it to the Filipino people to build major roads and critical infrastructure that will not only spur progress and social change, but also promote interconnectivity, ease traffic, and reduce travel time,” he stressed.
President Marcos thanked Japan International Cooperation Agency for financial support.
“I thank Government of Japan for partnering with Philippines in pursuing this important infrastructure development project…the world recognizes Japan for having very efficient rail transport system, which Philippines aspires to one day emulate,” he said.
President Marcos also acknowledged Nishimatsu-DMCI Joint Venture and Sumitomo Mitsui Construction for working closely with the Department of Transportation in ensuring completion of the projects.
The MMSP Contract Packages 102 and 103 will cover the construction of stations and tunnels along Quezon Avenue, East Avenue, Anonas and Camp Aguinaldo in Quezon City.
Once completed, it will significantly reduce travel time between Quezon City and Pasay City from one hour and 30 minutes to just 35 minutes. The project is expected to benefit more than half a million passengers a day from Valenzuela City to Parañaque City.
A fully operational MMSP will also create millions of jobs and business opportunities.
“Yet, even before it begins its operations, it is already set to yield many fruits , the implementation of civil works for Contract Package 102 and Contract Package 103 alone is set to create thousands of jobs and opportunities for many Filipinos,” President Marcos concluded.
ISKUP! 