The National Economic Development Authority (NEDA) Board finally approved the Metro Manila Subway Project (MMSP) – Phase 1 project as presented by Department of Transportation (DOTr) Secretary Arthur P. Tugade, the DOTr said.
Approval from NEDA Board means the project is now slated for implementation. This is after NEDA Investment Coordination Committee-Cabinet Committee (ICC-CC) approved the said project on September 5 with estimated cost of PHP355.6 billion.
Japan will be funding the said project through Japan International Cooperation Agency (JICA) official development assistance (ODA). Funding agreement is expected to be signed when Japanese Prime Minister Shinzo Abe visits the country in November for the ASEAN Summit.
NEDA said the subway line will run from Mindanao Avenue in Quezon City and will terminate at the Ninoy Aquino International Airport (NAIA) in Paranaque City.
Stations are expected to be in Mindanao Avenue, North Avenue, Quezon Avenue, East Avenue, Anonas, Katipunan, Ortigas North, Ortigas South, Kalayaan Avenue, Bonifacio Global City, Cayetano Boulevard, Food Terminal Incorporated, and NAIA.
The said phase is the initial of projected subway line from San Jose del Monte, Bulacan to Dasmarinas City, Cavite.
“The first phase of the MMSP will not only ease traffic in Metro Manila but also improve the quality of life of Filipinos. For one, carbon emissions will be reduced. And, with greater mobility, people can spend more time on things that matter to them,” Socioeconomic Planning Secretary Ernesto M. Pernia said.
NEDA said the project also involves the construction of a 28-hectare training center and depot, as well as and other related facilities. Implementation period is from 2018 to mid-2025.
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