The Consunji family’s DMCI Holdings Inc. won a P21 -billion contract for its first-ever subway project.
With partner Nishimatsu Construction Co. Ltd. (NCC) of Japan, DMCI’s construction subsidiary, D.M. Consunji Inc., was awarded the contract for the Quezon Avenue and East Avenue underground stations and tunnels for the Japan-funded Metro Manila Subway Project.
“We are very excited to be part of this historic project. Once completed, the subway will help address urban mobility issues in our nation’s capital,” DMCI president and CEO Jorge A. Consunji said in a statement on Tuesday.
The Metro Manila subway project, launched during the Duterte administration, will have 17 stations along its 33-kilometer route.
It aims to cut travel time from North Avenue in Quezon City to the Ninoy Aquino International Airport in Pasay and Parañaque to about 35 minutes from more than an hour.
Founded in 1874, Nishimatsu Construction Co. Ltd. is the leading tunnel contractor in Japan, having worked on more than 1,000 tunnels.
Its portfolio includes Singapore’s National Library Board Building, London’s Channel Tunnel Rail Link, Hong Kong’s Lap Kok Airport, the statement showed.