DoTr endorses Andrew Tan’s P3B BGC-Makati monorail project
The group of tycoon Andrew Tan has bagged the original proponent status for the unsolicited proposal to build a P3-billion two-kilometer “Skytrain” monorail that will link Fort Bonifacio and MRT Guadalupe Makati.
The proposed monorail seeks to ease travel time from Fort Bonifacio to MRT Guadalupe Makati and vice versa to only five minutes at no cost to the government, for the benefit of around 60,000 to 100,000 commuters who brave the traffic gridlock between two of Metro Manila’s top central business districts on a daily basis.
Proponent Infracorp Development Inc., a unit of Alliance Global Group Inc. (AGI) announced on Monday that it would be ready to start the project this year and complete it by 2021.
In a press statement on Monday, Infracorp president Kevin Tan said: “We laud the government’s quick action to the proposal. This is another clear indication of the government’s serious commitment and focus on infrastructure developments.”
The project had been submitted to the Department of Transportation (DOTr) on October 26, 2017.
“We can start the project before the year ends and this will take us two years to complete it. By early 2021, we can open the Skytrain to the public,” Tan said.
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