Smarter News Now
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting
No Result
View All Result
  • Top News
  • Economy News
  • Forex News
  • Investing News
  • Stock News
  • Politics News
  • Editor’s Pick
  • Top News
  • Economy News
  • Forex News
  • Investing News
  • Stock News
  • Politics News
  • Editor’s Pick
No Result
View All Result
Smarter News Now
No Result
View All Result
Home Investing News

LRT-MRT-Subway Common Station expected to be complete this month

by
June 16, 2022
in Investing News
0
LRT-MRT-Subway Common Station expected to be complete this month
0
SHARES
27
VIEWS
Share on FacebookShare on Twitter
PHOTO FROM DEPARTMENT OF TRANSPORTATION

THE Transportation department said on Thursday that the Unified Grand Central Station, or Common Station, in North EDSA, Quezon City, is set to be completed this month, before President Rodrigo R. Duterte leaves office.

The construction of the project, which will interconnect Light Rail Transit Line 1 (LRT-1), Manila Metro Rail Transit System Line 3 (MRT-3), Metro Rail Transit Line 7 (MRT-7), and Metro Manila Subway, is currently being “accelerated,” the department said in a statement.

“After eight years of delay, the Common Station is expected to be completed this June with the remainder of the project now in full swing,” it added.

The project features an intermodal integrated system, allowing departing passengers of the Common Station to catch buses, jeepneys, and taxis.

Once completed and opened, the Common Station, which features a 13,700-square meter concourse area, is expected accommodate up to 500,000 passengers daily, the department said.

In January 2017, the government and private companies involved in the project signed a memorandum of agreement after years of deadlock on the matter of the project’s location.

The agreement was signed by Transportation Secretary Arthur P. Tugade; Public Works Secretary Mark A. Villar; Metro Pacific Investments Corp. Chairman Manuel V. Pangilinan; SM Prime Holdings, Inc. Director Hans T. Sy; Ayala Corp. Chief Executive Officer Jaime Zobel de Ayala; and San Miguel Corp. President and Chief Executive Officer Ramon S. Ang.

Under the agreement, the project was built at a compromise site near the original 2009 site in front of SM Annex (North EDSA) and the 2014 location near Ayala-owned TriNoma Mall.

“Within the remaining 15 days of the Duterte administration, more projects across the archipelago will be completed and initiatives to be implemented to achieve unprecedented heights of connectivity and mobility to make the Filipino life more convenient and comfortable,” the Transportation department said. — Arjay L. Balinbin

ShareTweetPin

Related Posts

Stocks decline on profit taking, recession fears
Investing News

Stocks decline on profit taking, recession fears

August 23, 2022
Peso climbs vs dollar as RTB offer starts
Investing News

Peso climbs vs dollar as RTB offer starts

August 23, 2022
PNR cancels bids for 3 projects after finding them ‘non-feasible’
Investing News

PNR cancels bids for 3 projects after finding them ‘non-feasible’

August 23, 2022
Senate grills Rodriguez on approval procedures for sugar import order
Investing News

Senate grills Rodriguez on approval procedures for sugar import order

August 23, 2022
Trade dep’t expecting sugar price monitoring report by Friday
Investing News

Trade dep’t expecting sugar price monitoring report by Friday

August 23, 2022
Fisherfolk seek halt to reclamation on municipal fisheries
Investing News

Fisherfolk seek halt to reclamation on municipal fisheries

August 23, 2022
Next Post
The journey to B-Corp

The journey to B-Corp

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Email Address *
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
 

Recommended

Prosecutor clears Okada of false documents charges

Prosecutor clears Okada of false documents charges

August 9, 2022
Djokovic tops men’s seed for Wimbledon in absence of Medvedev, Zverev

Djokovic tops men’s seed for Wimbledon in absence of Medvedev, Zverev

June 22, 2022
Medalla signals gradual tightening

Medalla signals gradual tightening

June 15, 2022
China conducted ‘readiness patrol’ around Taiwan

China conducted ‘readiness patrol’ around Taiwan

June 1, 2022
Medalla says economy may have expanded by as much as 9% in Q2

Medalla says economy may have expanded by as much as 9% in Q2

July 31, 2022
Comelec deletes ballot face database at printing office 

Comelec deletes ballot face database at printing office 

June 8, 2022
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting

Copyright © 2022 SmarterNewsNow.
All Rights Reserved.

Disclaimer: SmarterNewsNow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

No Result
View All Result
  • About Us
  • Contact Us
  • Email Whitelisting
  • Home
  • Privacy Policy
  • Terms & Conditions
  • Thank You

Copyright © 2020 SmarterNewsNow. All Rights Reserved.