By Myla Iglesias
Light Rail Transit Authority (LRTA) has allocated a P5.8-billion capital investment for the upgrade and improvement of the Light Rail Transit line 2 (LRT-2) in the next four years.
According to LRTA’s corporate plan for this year up to 2025, the government has allocated a capital investment of P2.8 billion, P1.3 billion, P1.07 billion and P629.2 million for 2022, 2023, 2024 and 2025, respectively.
The capital investment in the next four years will be used for several projects in the pipeline that would improve the operation of LRT-2.
These include the systems maintenance inventory buildup, maintenance services for the LRT-2 East extension system equipment and facilities which started last April and will be completed by March 2024, consulting services for the LRT-2 system capacity expansion program project in the second half of this year, and the restoration of rectifier substation and repair of structural cracks on the LRT-2’s viaducts and stations.
LRTA said it will also upgrade the onboard signaling for four LRT-2 train sets and restore signaling equipment damaged by fire incidents in July this year up to 2024.
Of the total P2.8-billion capital investment for 2022, P2.4 billion will be funded through the national government subsidy, according to LRTA.
At present, LRT-2 is operating with nine trains. It is expected to operate with a total of 10 commercial trains by the fourth quarter of the year. By 2024, the operational trains will increase to 14, LRTA said.
In July last year, the Department of Transportation has started operating the 3.79-kilometer elevated LRT-2 East extension with two additional stations – the Marikina-Pasig and Antipolo stations – to the existing line between Santolan in Pasig and Recto in Manila.
https://malaya.com.ph/news_business/lrt-2-set-for-p5-8b-upgrade/
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