According to the DBM a consortium of Japanese companies will be building one of Pres. Rody Duterte’s most ambitious infrastructure project in Metro Manila, the Manila Subway System which will be comparable with the subway system of Japan.
Budget Secretary Benjamin E. Diokno said that the P11-billion project covering the initial phase of the 30-kilometer Metro Manila Subway system was awarded to the winning bidder OCGlobal, consisting of six Japanese firms.
In interview with the media, Sec. Diokno was quoted as saying ““The amount involved is P11 billion, which is for general contracting for the subway,” Diokno said.
The OCGlobal consortium of Japanese companies include Oriental Consultants Global Co. Ltd., Tokyo Metro Co. Ltd., Katahira & Engineers International, Pacific Consultants Co. Ltd., Tonichi Engineering Consultants, Inc. and Metro Development Co. Ltd.
According to JICA, the first loan deal is only a portion of the 800-billion yen funding requirement to complete the subway connection between Mindanao Avenue in Quezon City, Food Terminal, Inc. (FTI) in Taguig City and Ninoy Aquino International Airport (NAIA).
The first phase will cover 14-underground railway stations with the possible extension of one to two more stops from Mindanao Avenue to NAIA.
The project includes a depot in Valenzuela, electro-mechanical systems and rolling stock, and the establishment of a Philippine Railway Institute (PRI).
The Metro Manila Subway System is scheduled to start operating in May 2022. The project has been part of the NEDA-JICA Roadmap for Transport Infrastructure Development of Metro Manila and its surrounding areas.