Good News: Japan to Finance Metro Manila Subway


We all have seen the situation of our train tracks. Although it has been a great help to commuters who want to avoid the traffic that takes forever, it has also been a threat to families who have been living near the area.

According to an article by Nikkei Asian Review, Japan is expected to sign a contract to help build Metro Manila’s first underground Subway. Prime Minister Abe and President Duterte is likely to have a deal in the ASEAN meetings.

According to the website, “The Philippines-Japan Joint Committee on Infrastructure Development and Economic Cooperation met in Tokyo earlier this week and agreed to “work closely” together on possible projects. Socioeconomic Planning Secretary Ernesto Pernia revealed separately that the bilateral discussions covered 14 projects, including the central section of the Metro Manila subway project. The 25.3km line will run from Quezon City in northern Metro Manila to Taguig City in the east. The project’s estimated cost is 230 billion pesos ($4.6 billion), and this will come in the form of official development assistance from Japan.”

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Aside from the subway, other projects in prospect include a commuter line from Metro Manila to southern Luzon, and a high-speed train from the capital to Clark International Airport and Clark Green City in Pampanga.

source: Nikkei Asian Review


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