Transportation Secretary Arthur Tugade together with other Department of Transportation (DOTr) officials met with officials of Japan International Cooperation Agency (JICA), Shimizu Corporation, and Fujita Company to discuss the Metro Manila Subway project.
Both Shimizu and Fujita are in general construction business.
JICA is providing an official development assistance (ODA) loan to fund the development of Metro Manila Subway Project Phase I. The loan agreement for the initial funding of the project was signed in March 2018.
Groundbreaking is being eyed within fourth quarter of this year.
Secretary Tugade said during the Philippine Economic Forum in Tokyo, Japan on June 19 that the development of the subway will take 5 years, however, they will be implementing partial operability by 1st quarter of 2022.
Metro Manila Subway Project Phase I will connect Mindanao Avenue in Quezon City to Ninoy Aquino International Airport (NAIA) and FTI.
Sources: https://www.facebook.com/DOTrPH/posts/1163701087102359; https://www.facebook.com/DOTrPH/posts/1163749583764176; https://www.facebook.com/DOTrPH/videos/1065831136889355/