2 big infra projects
The $3.5-b subway project in the Makati financial district aims to connect key points in the city and significantly cut the travel time of thousands of workers in the urban center. As proposed, the subway will link the central business district from the corner of Ayala Ave. and Sen. Gil Puyat Ave. to Circuit City, Makati City Hall, University of Makati, Ospital ng Makati, and other new growth areas within the city. Once completed, the subway will serve over 700,000 passengers daily. The subway rail mode clearly addresses the physical limit of Makati's road network. It will significantly reduce the number of buses, cars, jeepneys and taxicabs plying the narrow streets of Makati, as commuters gravitate toward the convenience of using the subway rail. The Department of Transportation, meanwhile, is set to award the P735-billion New Manila International Airport project in Bulacan province to San Miguel Corp. in the absence of rival bidders. Construction of the ambitious airport in Bulakan town, Bulacan province could start early next year after the groundbreaking ceremony in the fourth quarter this year. The alternative airport will decongest air traffic in the Ninoy Aquino International Airport, which has long exceeded its passenger capacity amid the tourism boom.