68389 Mitsubishi Corporation awarded the over €1 billion, approximately over P57.5 billion, contract to design and build the turnkey rail system for the Metro Manila Subway to Thales, in a consortium with Colas Rail (lead) and Egis. Thales will design and deploy its latest generation of...
Finance Secretary Carlos Dominguez (left foreground) and JICA Chief Representative Azukizawa Eigo (right foreground), joined by (background from left) DOTr Undersecretary Timothy John Batan, Finance Undersecretary Mark Dennis Joven, and Ambassador of Japan to the Philippines KOSHIKAWA Kazuhiko at...
The governments of the Philippines and Japan signed a P112.87 billion loan agreement, the second tranche funding for the construction of the Metro Manila Subway Project, the country's first-ever underground railway. Finance Secretary Carlos Dominguez III, on behalf of the Philippine government, and...
A loan agreement amounting to 253.307 billion yen between the Philippines and Japan to fund the construction of the Metro Manila Subway Project (Phase 1) has been signed. (Photo courtesy of Japan Embassy in the Philippines) Japanese Embassy in the Philippines said the official development...
The P355.6-billion Metro Manila Subway Project (MMSP) is 25.09 percent complete as of December 2021, according to the Department of Transportation ( DOTr). media The MMSP is the Philippines’ first underground mass transport system and one of its largest infrastructure projects. A subway in Metro...
The Philippines and Japan on Tuesday, (July 27) formally signed an additional P116-billion (JPY253 billion) loan package to finance the building of the country’s first underground railway. Foreign Affairs Secretary Teodoro Locsin, Jr. and Japan Ambassador to the Philippines Koshikawa Kazuhiko...