Connect with us

Hi, what are you looking for?

Economy

DoTr starts work on engineering design of delayed Metro Manila BRT Line 1 project

THE Transportation department said Thursday it is starting work on the preliminary engineering design and detailed engineering design of the 12.3-kilometer Metro Manila Bus Rapid Transit (BRT) Line 1, a flagship infrastructure project.

“We are now starting the preliminary engineering design and detailed engineering design,” Transportation Assistant Secretary Goddes Hope O. Libiran told BusinessWorld in a phone message.

“Last year, this was not started due to the pandemic and lack of budget. But now that the need for public transport is very much felt, we continue to add mass transport for efficient mobility of the people,” she added.

The project, which is being implemented by the department in coordination with the cities of Manila and Quezon City, was financed via official development assistance from the World Bank.

The World Bank approved the financing for the project in 2017.

Some $109.4 million will be provided by the World Bank, with the government responsible for the balance of $44.8 million.

The loan for the project, according to the World Bank’s website, is set to expire on Nov. 30, 2022.

In a statement, the Transportation department said the implementation of the project, which will traverse España Boulevard and Quezon Avenue, serving about 300,000 commuters daily, is being “fast-tracked.” — Arjay L. Balinbin

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

Economy

By Luisa Maria Jacinta C. Jocson, Reporter FACTORY ACTIVITY in the Philippines expanded for a tenth month in a row in November, although jobs...

Economy

Passengers wait inside the Ninoy Aquino International Airport Terminal 3 in Pasay City, Oct. 29. The growth in remittances is expected to slow next...

Economy

By Revin Mikhael D. Ochave, Reporter THE JOINT Foreign Chambers of the Philippines (JFC) is now targeting to generate $128 billion in foreign direct...

Economy

LOCAL GOVERNMENT units (LGUs) should be given more time for the smooth transition of devolved functions from the National Government (NG) agencies, according to...

Economy

IN separate advisories, the Securities and Exchange Commission (SEC) has warned the public not to invest in CashBaka, Hero Mining International Group, and BitBankUps.com...

Economy

D.M. CONSUNJI, Inc.’s (DMCI) order book declined by 8.1% to P45.3 billion for the past three quarters from P49.3 billion in the same period...

You May Also Like

Investing

The minute that any question pops into your head, you can simply ask Google. No longer do we have to pour over books and...

Investing

Having a good Instagram marketing agency to back up your Instagram account is an absolute must going into the new year. With competition stronger...

Investing

Browsing history makes referring to sites and pages you’ve visited in the past seamless. It’ll help you recall what page you checked out on...

Investing

Insomnia is the most common sleep disorder in the global population. Therefore, it is a problem that many people suffer or have suffered throughout...

Disclaimer: SmartRetirementReport.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.