LIGHT RAIL Manila Corp. (LRMC), the private operator of Light Rail Transit Line 1 (LRT-1), announced on Monday that the first phase of its 11.7-kilometer Cavite Extension project is now nearly 68% complete.
The P64.9-billion LRT-1 Cavite Extension project, a public-private partnership venture that the National Economic and Development Authority board approved in November 2013, aims to add an 11.7-kilometer Baclaran-Bacoor, Cavite segment to the current 18.1-kilometer train line. The new stretch will have eight stations.
The first phase of the extension consists of a seven-kilometer stretch with five stations between the Redemptorist Church area in Baclaran and Dr. Santos Ave. in Parañaque.
“Percentage completion rate for Phase 1 has already reached 67.5% as of end-December 2021,” the company said in an e-mailed statement.
The viaduct of the first phase of the project has been completed. The first phase is expected to be completed by late 2024 or early 2025.
The entire Cavite Extension is expected to be fully operational by the second quarter of 2027.
Once completed, the entire line’s daily riders are expected by the Transportation Department to increase to 800,000 passengers from 500,000, and Baclaran-Niog travel time to be cut to 25 minutes from up to two hours.
“LRMC, together with Bouygues Travaux Publics as the Engineering Procurement, and Construction (EPC) contractor, started the civil works in September 2019 and installed pi-girders (chief horizontal support in a structure) covering the entire stretch of Dr. A. Santos Station until Redemptorist Station,” the company noted.
“Now that the viaduct has been completed, electromechanical works (the laying of the rails and the installation of the electrical system) and the construction of the stations are set to begin.”
The company also said that it invested nearly P25 billion for system rehabilitation and for the Cavite Extension. It took over LRT-1 operations in 2015.
LRMC is the joint venture of Ayala Corp., Metro Pacific Light Rail Corp. and Macquarie Infrastructure Holdings (Philippines) Pte. Ltd.
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/lrmc-first-phase-of-lrt-1-cavite-extension-nearly-68-complete/
No comments:
Post a Comment