Saturday, June 3, 2023
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home News

Subway to spur economic activities—PBBM

Vito BarcelobyVito Barcelo
October 4, 2022, 1:20 am
in News, Top Stories
Reading Time: 3 mins read
A A
Share on FacebookShare on TwitterShare on Email

Construction of the country’s first underground railway system has begun, following Monday’s groundbreaking at the Metro Manila Subway Project (MMSP).

SUBWAY TOAST. President Ferdinand Marcos Jr. leads the ceremonial sake wine opening during the groundbreaking ceremony for the Metro Manila Subway Station in MetroWalk, Pasig City with (from left) Transportation Secretary Jaime J. Bautista, Japanese Ambassador Kazuhiko Koshikawa, and JICA Chief Representative Takema Sakamoto. Revoli Cortez

President Ferdinand Marcos Jr., who led the groundbreaking ceremony with Japanese Ambassador Koshikawa Kazuhiko, said the subway project would spur economic activities and provide commuters with a safe and efficient way to get around the city.

Koshikawa said the groundbreaking was a sign that Japan’s cooperation with the Philippines on infrastructure projects was gaining momentum under the Marcos administration’s “Build Better More” policy.

The entire MMSP, which has an approved project cost of over P488 billion, is supported by loans from the Japan International Cooperation Agency (JICA).

Monday’s groundbreaking was for a portion of the subway that will be built by the Tokyu-Tobishima Megawide Joint Venture, covered by Contract Package 104, which will cost P17.75 billion.

The whole train system once built will shorten travel time between Quezon City and the Ninoy Aquino International Airport (NAIA) from one hour and 30 minutes to only 35 minutes. Once it is up and running, the subway can accommodate more than 519,000 passengers a day.

“With accessible designated stations that can cater to a massive volume of passengers, we anticipate helping our people skip the long lines of traffic and even spare themselves from the perils of commuting,” Mr. Marcos said.

“With improving linkages of key areas in business districts in the metro as well as the availability of stalls and other stores in the stations and nearby markets, we can see more business opportunities for entrepreneurs and investors and additional economic activity,” he added.

The President also encouraged the public to take the inconveniences brought about by the construction of the subway system in stride.

“Although it is a given that the construction of these structures will take time and cause disruption, let us be optimistic and just count the small inconveniences as a small price to pay for the fruitful results that this… project will yield,” he said.

In a TV interview, Transportation Undersecretary Cesar Chavez said the entire subway system would be completed by 2028 or 2029.

The average completion time for subway system projects in other countries is about six to seven years, he added.

The Metro Manila Subway covers 33 kilometers with 17 stations from Valenzuela City to NAIA Terminal 3 in Pasay City.

Chavez said construction already started in East Valenzuela station and depot as well as in the North Avenue station.

The contract signing for Packages 2 and 3 including the stations in Ortigas, Quezon Avenue, East Avenue, Anonas, and Katipunan will be held next month, he added,

He said the system will be resilient to earthquakes and floods because it will have the same technology used in Japan, which frequently experiences earthquakes.

Contract Package 104, signed on May 5, will construct two underground stations—Ortigas and Shaw Boulevard Stations—and tunnels.

Tags: “Build Better More” policyFerdinand Marcos Jr.Japan International Cooperation AgencyKoshikawa KazuhikoMetro Manila Subway Project
ADVERTISEMENT
Vito Barcelo

Vito Barcelo

Related Posts

Experts warn bird flu virus changing rapidly in largest ever outbreak

byAFP
June 3, 2023, 2:16 pm
0
8
Rapper Drakeo the Ruler fatally stabbed at LA festival

The virus causing record cases of avian influenza in birds across the world is changing rapidly, experts have warned, as...

Read more

Erdogan to be sworn in for third term as Turkish president

byAFP
June 3, 2023, 1:00 pm
0
8
Erdogan to be sworn in for third term as Turkish president

President Recep Tayyip Erdogan is set to be sworn in on Saturday as head of state after winning a historic...

Read more

Chile says recent mass seabird death not due to avian flu

byAFP
June 3, 2023, 12:00 pm
0
8
Chile says recent mass seabird death not due to avian flu

Early tests indicate that the recent mass death of thousands of seabirds along Chile's northern coast were not caused by...

Read more

US says talks with China ‘essential’ to curb chance of conflict

byAFP
June 3, 2023, 11:00 am
0
8
US says talks with China ‘essential’ to curb chance of conflict

Dialogue between the United States and China is "essential" and will help avoid miscalculations that could lead to conflict, US...

Read more

One dead, two missing in Japan after heavy rain

byAFP
June 3, 2023, 10:30 am
0
8
One dead, two missing in Japan after heavy rain

Heavy rain across parts of Japan has killed one person and left two missing, authorities said Saturday, with thousands issued...

Read more

Trump, rivals asked for loyalty pledge ahead of 2024 debates

byAFP
June 3, 2023, 10:00 am
0
8
Trump, rivals asked for loyalty pledge ahead of 2024 debates

The Republican Party is planning to hold its first US presidential primary debate on August 23, organizers said Friday, announcing...

Read more
ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Technology
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • MS ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Gallery
    • Photos
    • Videos
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Pets
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App