The $1.213B Makati Subway System is finally signed

 

All the major infrastructures in the country is in full speed.

And one of which is the newly announced good news about the Makati subway.

The deal for its construction have just been recently signed by the proponents in Beijing, China.

(photo credit to owner)

Makati Subway would include a 10-station, 10-kilometer subway project in Makait City.

In a disclosure, Makati Subway Inc. and China Construction Second Engineering Bureau Co. Ltd. have agreed to peg the engineering, procurement and construction contract at $1.213 billion – $978.6 million for civil works and $234.16 million for mechanical, electrical and plumbing.

The Makati subway contract was signed during the 2020 International Fair for Trade in Services, The Belt and Road and Overseas Projects held in Beijing, China, more than a year.

The public-private partners expect to finish the 700,000-passenger a day subway by the year 2025.

 The subway will link key spots in the city such as Ayala Avenue, Makati City Hall, Poblacion Heritage Site, University of Makati, and the Ospital ng Makati. With an estimated cost of U.S. $3.7 billion.

Current Mayor Abby Binay clarified that the city local government will not spend anything on the project- it is privately funded.

 

 

 

Are you looking for a food business that you can start immediately?,safely inside the comforts of your home?  

Possible through Online Stores - all of which are done thru the internet with the use of your computer or mobile phones.

Sa nawalan ng trabaho, gusto mag negosyo ngaun may pandemya, at lalong lalo na kung OFW ka!

Ask me how, leave me a message in  https://www.facebook.com/siomai.online0212/

https://youtu.be/0YBVHA3a7eA

What can you say about this?

Share us your thoughts by simply leaving on the comment section below. For more news updates, feel free to visit our site often.

Stay updated with today's relevant news and trends by hitting the LIKE button.

 

Thanks for dropping by and reading this post.

 

Report from Bilyonaryo

 

Disclaimer: Contributed articles does not reflect the view of THE PH CHRONICLES. This website cannot guarantee the legitimacy of some of the information contributed to us. You may do additional research if you find some information doubtful. No part of this article maybe reproduced without permission from this website.