The Metro Manila Subway Project (MMSP) – Phase I is now for approval of President Rodrigo Duterte who chairs the National Economic and Development Authority (NEDA) Board. This is after NEDA Investment Coordination Committee-Cabinet Committee (ICC-CC) approved the said project on September 5.
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.
The project’s initial investment requirement is estimated at PHP355.6 billion, which is higher from the previous projection of PHP227 billion.
“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.
The entire MMSP is envisioned to start from San Jose del Monte, Bulacan to Dasmarinas City, Cavite.
“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,” NEDA said.
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