MM Subway to lead infra spending boost in 2018

 

By Rose de la Cruz

 

The Metro Manila Subway, which kicks off in the third quarter of 2018, will lead 75 big ticket infrastructure projects of the Duterte administration for the year and accelerate further government’s infrastructure spending to fuel the economy.

 

The Department of Budget and Management said though infra spending already accelerated in the latter part of 2017, this pace would be sustained as several projects including the subway shall commence implementation next year.

 

Infrastructure and other capital outlays for October 2017 comprised the bulk of capital spending reaching P51.5 billion, expanding by 17.8 percent.

 

The boost in infrastructure spending was primarily due to the public works projects of the Department of Public Works and Highways (DPWH) such as road construction and flood control rehabilitation or improvements.

 

The acquisition of transport and other equipment of the DILG-PNP under its Capability Enhancement Program, as well as the payment for various communication, navigational and air traffic management system projects, and civil works for the LRT Lines 1 and 2 extension projects of the Department of Transportation (DOTr) also contributed to the higher infrastructure and other capital spending.

 

On the 2018 General Appropriations Act, the budget of the main agencies handling infrastructure projects, DPWH and DOTr, have accordingly increased by 40.3% and 24.4% respectively.

 

There are 75 big-ticket projects under the “Build Build Build” program: 31 roads and bridges, 12 rail and urban transport, six air transport, four water transport, four flood management projects, 11 water supply and irrigation, four power projects, and three other public infrastructure projects.

 

These projects are envisioned to enhance connectivity, promote growth centers outside the mega urban industrial region centered in Metro Manila, facilitate the movement of people and goods, ensure water security, reduce vulnerability to flooding, and support rural development.

 

The DOTr is expected to commence project implementation of the subway Phase 1 as early as third quarter of 2018, through financing by the Japanese Official Development Assistance (ODA). The Metro Manila Subway Project- Phase 1 is a 25.3 km subway connecting North and South of Manila (from Mindanao Avenue, Quezon City to Food Terminal Inc.) and NAIA. 

 

The MMSP will be the Philippines’ first-ever mass underground transport system. Comprised by 13 stations, including a station in NAIA, this subway system aims to cut commuting time significantly - Quezon City to Taguig in 31 minutes. The subway is expected to accommodate around 370,000 passengers on its first year of operations. 

 

This project will cost around P355.6 Billion, and the DOTr will be working closely with the Japan International Cooperation Agency (JICA) in ensuring that the project receives adequate technology that is at par with the standards of Tokyo-based railway systems.

The completion of the subway shall extend beyond the end of the Duterte administration. However, the subway is expected to commence its partial operations by the 4th quarter of 2025, while it’s target completion would be on 2027. 

 

The P12.55 billion Clark International Airport Expansion Project broke ground last December 20 for the  construction of a second passenger terminal building to accommodate 8 million passengers annually. Further, this project includes the construction and installation of all required associated facilities - both landside and airside, to support the operations of the Clark International Airport. 

 

 

Like us in Facebook

facebook like box joomla

Features

Latest News

Remittances surge to $10.4-B in 1st 4 months of 2018

    By Rose de la Cruz   Remittances from overseas Filipinos rose to $10.4 billion in January to April 2018, up by 4 percent hitting $2 billion... Read More...
BOP deficit to worsen to $3.1 billion in 2018

  By Rose de la Cruz   The Bangko Sentral ng Pilipinas projected that the balance of payment this year would worsen to $3.1 billion, equivalent to... Read More...
Bong still unsure of Senate run

Should he stay or should he go?  This is the question that Special Assistant to the President Christopher “Bong” Go is trying to answer and... Read More...
IMAGE In the know: Solar Philippines

Solar Philippines is currently the country’s – and Southeast Asia’s – largest solar-energy company. Founded in August 2013 by Leandro... Read More...
Wrong Dream Girl and Other Laughs

Wrong Dream GirlA FROG telephones the Psychic Hotline. His Personal Psychic Advisor tells him, "You are going to meet a beautiful young girl who will... Read More...
Confession Code and other laughs

Confession Code AN old priest who became sick of all the people in his parish who kept confessing to adultery said one Sunday, in the pulpit,"If I... Read More...
IMAGE PAGIGING MAKABAYAN

KAMAKAILAN ay tumawag ng atensyon ang plano ni Sen. Manny Pacquiao na maghain ng panukalang batas na naglalayon na isama bilang bahagi ng curriculum... Read More...
IMAGE PUTULIN ANG MONOPOLYO NG MERALCO!

SUPORTADO nang ibat-ibang consumer group kabilang na ang Institute for Consumer Research and Empowerment (ICORE) ang panukalang dapat putulin na ang... Read More...

Our Guests

Today206
Yesterday778
This week2479
This month15293
Total977926

Visitor Info

  • Your IP: 54.224.91.246

Who Is Online

26
Online

Wednesday, 20 June 2018
© 2016 OpinYon News Magazine Online. All Rights Reserved.

Please publish modules in offcanvas position.