By Leslie Gatpolintan
Diversified conglomerate San Miguel Corp. (SMC) targets to open a 20-km. portion of the Metro Rail Transit (MRT) Line 7 by end of 2021 amid right-of-way (ROW) issues hounding the project.
SMC president and chief operating officer Ramon Ang said the construction of the MRT project is in “full swing” despite some problems on ROW and train depot.
“But we have more or less sorted that out and have agreed with Secretary Tugade to initially open the first 20 km. by the end of 2021. And then, one year after, full operational,” he said during the conglomerate’s stockholders’ meeting on Tuesday.
The MRT 7 project is a 23-km. elevated railway line with 14 stations from San Jose del Monte, Bulacan to North Ave. in Quezon City.
Ang told reporters the 20-km. portion of the project stretches from the North Edsa MRT-LRT common station to Fairview in Quezon City.
“Maganda na yun, malaking bagay na yun (It will already have a huge impact). I think, yun ang malaking volume ng passenger (A huge volume of passengers is from these areas),” he added.
Meanwhile, Ang bared that the conglomerate would unveil an initial 800 megawatts (MW) in renewable energy projects early next year.
“By March 2020, isi-switch on ko na yon (I will switch-on these projects),” he said without elaborating.
Ang said they plan to add 1,000 MW of renewable energy projects in their portfolio over the next few years, including solar, wind and pumped hydro projects.
https://www.pna.gov.ph/articles/1072104
Tuesday, June 11, 2019
SMC: Skyway to extend to NLEX-Balintawak
An elevated road project that will substantially cut travel time in Metro Manila will even make it faster to access the North Luzon Express Way (NLEx), according to a diversified conglomerate.
In a stockholder's meeting Tuesday, San Miguel Corporation (SMC) President And CEO Ramon Ang said the Department of Public Works and Highways (DPWH) has approved their planned extension of the Metro Manila Skyway Stage 3 to connect to NLEx.
"We were allowed by DPWH to extend all the way to NLEX-Balintawak toll plaza. That extension will be another three months," Ang said.
He said this will shorten travel time from Alabang or Makati to the NLEX, and ease traffic on Epifanio de los Santos Avenue (EDSA).
"It will be very easy for commuters to travel from Alabang or Makati all the way to NLEX toll plaza in siguro (maybe) 15 minutes and I’m sure it will relieve at least 50% of vehicular traffic on EDSA," said Ang.
SMC targets completion of the Skyway Stage 3 in December. It would run from Bicutan in Taguig to Balintawak, Quezon City. Construction began in 2014.
https://cnnphilippines.com/business/2019/6/11/san-miguel-skyway-extension.html
In a stockholder's meeting Tuesday, San Miguel Corporation (SMC) President And CEO Ramon Ang said the Department of Public Works and Highways (DPWH) has approved their planned extension of the Metro Manila Skyway Stage 3 to connect to NLEx.
"We were allowed by DPWH to extend all the way to NLEX-Balintawak toll plaza. That extension will be another three months," Ang said.
He said this will shorten travel time from Alabang or Makati to the NLEX, and ease traffic on Epifanio de los Santos Avenue (EDSA).
"It will be very easy for commuters to travel from Alabang or Makati all the way to NLEX toll plaza in siguro (maybe) 15 minutes and I’m sure it will relieve at least 50% of vehicular traffic on EDSA," said Ang.
SMC targets completion of the Skyway Stage 3 in December. It would run from Bicutan in Taguig to Balintawak, Quezon City. Construction began in 2014.
https://cnnphilippines.com/business/2019/6/11/san-miguel-skyway-extension.html
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