The Public Works Department said it began reviewing the proposal of NLEX Corp. to build a 5.1-kilometer elevated expressway from Navotas to Anda Circle in Port Area, Manila.
“We started reviewing it, but we’re still waiting for the full-blown proposal. It might be in the form of unsolicited proposal it could be an extension of the concession agreement. That is why we are studying it,” Public Works Secretary Mark Villar said.
NLEX said the proposed project called Harbor Link Port Access Mobility Facility would cost between P15 billion and P16 billion.
NLEX is currently building the 2.6-km Harbor Link (R10 Section) which is expected to be completed by March next year.
It also started the construction of an 8-kilometer toll road linking the tail of NLEX Harbor Link Segment 10 in C3 Road, Caloocan City to PUP Sta. Mesa, Manila which would mostly traverse the Philippine National Railways track.
NLEX Corp., the operator of North Luzon Expressway and Subic-Clark-Tarlac Expressway, earlier reported a net income of P4.25 billion in the first nine months, up 25 percent from P3.4 billion in the same period last year.
The company attributed the increase in the net profit to higher toll revenues in both NLEX and SCTEX and more efficient utilization of resources covering toll operations and maintenance costs.
Toll revenues during the period reached P9.6 billion, up 14 percent from a year earlier amid the steady increase in traffic and steady growth in non-toll revenues.
The average daily traffic in NLEX reached 250,992 daily entries, or 7.6 percent higher than 233,332 daily entries recorded in the same period last year.
The average daily traffic at SCTEx also increased 14.3 percent to 61,071 daily entries from 53,407 last year.
NLEX currently spans 95 kilometers or 527-lane kilometers, serving an average of 237,046 vehicles a day in 2017. It is the main infrastructure backbone that connects Metro Manila to Central and Northern Luzon.
SCTEX is a 94-km, 2x2 expressway stretching from Subic-Tipo until La Paz, Tarlac, connecting the special economic zones in Subic and Clark, Olongapo City, to Tarlac City.
https://manilastandard.net/business/biz-plus/313385/dpwh-starts-review-of-new-expressway-to-anda-circle.html
Thursday, December 26, 2019
Train set for LRT-1 Cavite extension to arrive next July
THE government expects the first train set for the P64.9-billion Cavite extension of the Light Rail Transit Line 1 to arrive from Spain by July.
The train set, equivalent to four light rail vehicles of the LRT-1, will be delivered by Mitsubishi Corp. and its technical partner Construcciones y Auxiliar de Ferrocarriles, Transportation Assistant Secretary Goddes Hope Oliveros-Libiran said in a mobile-phone message last week.
She added that 91% of the right of way for the first phase of the extension project had been acquired.
The LRT-1 Cavite Extension project is a public-private partnership (PPP) venture that the National Economic and Development Authority board first approved in November 2013.
It will add an 11.7-kilometer segment from Baclaran, Pasay City to Bacoor, Cavite to the existing 18.1-kilometer train line. The new stretch will have eight stations.
The government of former President Benigno Simeon C. Aquino III awarded Light Rail Manila Corp. the P65-billion public-private partnership (PPP) project in September 2014. The company was allowed to take over the operations and maintenance of the LRT-1 system in September 2015.
The first phase of the extension consists of a seven-kilometer stretch with five stations between Redemptorist Church in Baclaran and Dr. Santos Avenue in Parañaque City.
Ms. Libiran said the first phase will start operating by the fourth quarter of 2021. The remaining stations between Las Piñas and Niog in Bacoor, Cavite will be completed a year later.
The Transportation department expects travel time from Baclaran to Bacoor to be cut to 25 minutes from up to two hours now once LRT-1’s Cavite extension opens to the public. The train line’s daily ridership is expected to increase to 800,000 passengers from 500,000.
Light Rail Manila, which operates the LRT-1, is a joint venture of Ayala Corp., Metro Pacific Light Rail Corp. and Macquarie Infrastructure Holdings (Philippines) Pte. Ltd.
The company holds a 32-year PPP contract to operate LRT-1 and build its extension to Cavite.
Metro Pacific Investments Corp. is one of three Philippine subsidiaries of Hong Kong’s First Pacific Co. Ltd., the others being PLDT, Inc. and Philex Mining Corp. Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., maintains an interest in BusinessWorld through the Philippine Star Group, which it controls. — Arjay L. Balinbin
https://www.bworldonline.com/train-set-for-lrt-1-cavite-extension-to-arrive-next-july/
The train set, equivalent to four light rail vehicles of the LRT-1, will be delivered by Mitsubishi Corp. and its technical partner Construcciones y Auxiliar de Ferrocarriles, Transportation Assistant Secretary Goddes Hope Oliveros-Libiran said in a mobile-phone message last week.
She added that 91% of the right of way for the first phase of the extension project had been acquired.
The LRT-1 Cavite Extension project is a public-private partnership (PPP) venture that the National Economic and Development Authority board first approved in November 2013.
It will add an 11.7-kilometer segment from Baclaran, Pasay City to Bacoor, Cavite to the existing 18.1-kilometer train line. The new stretch will have eight stations.
The government of former President Benigno Simeon C. Aquino III awarded Light Rail Manila Corp. the P65-billion public-private partnership (PPP) project in September 2014. The company was allowed to take over the operations and maintenance of the LRT-1 system in September 2015.
The first phase of the extension consists of a seven-kilometer stretch with five stations between Redemptorist Church in Baclaran and Dr. Santos Avenue in Parañaque City.
Ms. Libiran said the first phase will start operating by the fourth quarter of 2021. The remaining stations between Las Piñas and Niog in Bacoor, Cavite will be completed a year later.
The Transportation department expects travel time from Baclaran to Bacoor to be cut to 25 minutes from up to two hours now once LRT-1’s Cavite extension opens to the public. The train line’s daily ridership is expected to increase to 800,000 passengers from 500,000.
Light Rail Manila, which operates the LRT-1, is a joint venture of Ayala Corp., Metro Pacific Light Rail Corp. and Macquarie Infrastructure Holdings (Philippines) Pte. Ltd.
The company holds a 32-year PPP contract to operate LRT-1 and build its extension to Cavite.
Metro Pacific Investments Corp. is one of three Philippine subsidiaries of Hong Kong’s First Pacific Co. Ltd., the others being PLDT, Inc. and Philex Mining Corp. Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., maintains an interest in BusinessWorld through the Philippine Star Group, which it controls. — Arjay L. Balinbin
https://www.bworldonline.com/train-set-for-lrt-1-cavite-extension-to-arrive-next-july/
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