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Marubeni to build $1B Philippine rail project

Commuters ride a makeshift trolley to traverse on a railway under the scorching summer heat. PHOTO BY RICHARD A. REYES

MANILA, Philippines—A group involving Marubeni Corp. has won a billion-dollar contract to expand the Philippine capital’s railway system, the Japanese firm’s local partner said Tuesday.

Marubeni and a unit of DMCI Holdings Inc. is to build a 22-kilometer (13.7-mile) extension of Metro Rail Transit, listed DMCI disclosed to the Philippine Stock Exchange.

DMCI spokesman Elery Mendoza told AFP the project would cost around $1 billion and start early next year.

“It will most probably take 42 months for the entire system to be completed,” he added.

In Tokyo, Dow Jones Newswires quoted a Marubeni statement as saying it and DMCI received an order worth $1 billion to build railway tracks and stations in Manila.

The project is owned by San Miguel Corp., one of the country’s largest business groups.

It would extend the system to the densely populated Bulacan province north of Manila.

Manila’s light rail systems currently serve about 1.3 million commuters daily.

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Tags: Marubeni Corp. , Railway , transportation

  • ExpatSteve

    Does the article’s photo imply that this is what is being built? I certainly hope not.

  • http://pulse.yahoo.com/_XQIPMGHIKFLIQX2GYRZPEV2VIY floydelyn

    more on bulacan-clark rail link:
          a. manila residents can fly out of clark, in shape
          b. it will give credibility to gov’t's plan to shift air passenger/cargo traffic to clark
          c. NLEX & rail link-to-manila, clark’s air operations and the subic port can play host to,  
              attract investments in and actually provide the growth opportunities to agriculture, tourism, 
              light manufacturing, finance, services and bpo sectors. 
          d. smaller population centers in central luzon and north luzon will have a new market for their 
              produce and job opps for their graduates and skilled workers
    let’s have that rail link built…

  • http://pulse.yahoo.com/_XQIPMGHIKFLIQX2GYRZPEV2VIY floydelyn

    the airlines operating out of clark, business groups out of san fernando-pamp/clark/subic/olongapo city, even developers which own properties in the north – all these would benefit from a edsa-clark rail link. they should all work and lobby the rail extension.

  • http://pulse.yahoo.com/_XQIPMGHIKFLIQX2GYRZPEV2VIY floydelyn

    sana ipa-bid or i-offer under this same program ung bulacan to clark rail line. so that, 5 or 12 months from start of edsa-bulacan line, start na ung bulacan-clark line.

  • 2rey3

    How about our long dreamed railroad system in Mindanao Mr. President, Senator Pimentel??

  • Oliver82

    This side of industry has been oversight by the Government for many year. With the increasing cost of fuel, high/expensive international Carbon emission regulations & overly population.. Trains will be the best solution… Make it.. and extend the development til Mindanao.

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