THE consortium of Japanese firm Marubeni Corp. and engineering and construction firm D.M. Consunji, Inc. secured the $62-million (about P3.24-billion) contract for the Manila Light Rail Transit (LRT) Line 2 East Extension project.
In a disclosure to the stock exchange on Friday, DM Consunji’s parent DMCI Holdings, Inc. said its consortium was awarded the electrical and mechanical (E&M) package for the four-kilometer railway system extension with two additional stations, Emerald and Masinag.
DM Consunji will be in charge of the trackwork procurement and construction, as well as the installation of E&M systems. The company noted that it was also the one responsible for a viaduct and two new stations in the project, which will soon be completed.
For its part, Marubeni will be responsible for the overall administration and procurement of E&M railway systems since it is the consortium leader.
The LRT-2 East Extension project is among the projects funded by a 43.2-billion yen-credit facility by the Japanese government, as part of the “Capacity Enhancement of Mass Transit Systems in Metro Manila Project.”
The extension project is seen to reduce travel time from Manila to Antipolo and vice versa to as fast as 30 minutes from the current three hours.
Marubeni was also the firm that constructed LRT-2 from 2000 to 2004. The 13.8-kilometer elevated metro line connects the eastern and western parts of Metro Manila. The existing train system has a ridership of 250,000 people daily, from Recto Station in Manila to Santolan Station in Pasig City.
The Japanese firm’s other projects in the country include the improvement and modernization of Commuter Line South Project, and the LRT-1 capacity expansion project’s first and second phases.
“Utilizing its vast experiences, as well as know-how acquired through the successful implementation of this Project, Marubeni will further contribute to social and economic growth in the Philippines by participating in more railway and infrastructure projects in the near future,” the company said. — Arra B. Francia
https://www.bworldonline.com/marubeni-consunji-tandem-bags-lrt-2-east-em-contract/
Friday, March 8, 2019
Marubeni, DMCI bag $62-M contract for LRT-2 East Extension Project
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
https://www.philstar.com/business/2019/03/08/1899781/marubeni-dmci-bag-62-m-contract-lrt-2-east-extension-project
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
https://www.philstar.com/business/2019/03/08/1899781/marubeni-dmci-bag-62-m-contract-lrt-2-east-extension-project
Subscribe to:
Posts (Atom)