03/06/2022
HANDA NA BA ANG LAHAT SA PAGBABAGO ๐๐
P741 billion to be spent for Luzon, Mindanao railway projects from 2021 to 2025
A total of P741.4 billion in capital expenditures (capex) is being set aside by the transport department for the development of multiple railway projects in Mainland Luzon and Mindanao
The capex spending program is expected to forward the country's major rail projects, which has a combined project cost of P1.669 trillion(Excluding PPP) as follows:
(Cavite)LRT-1 Cavite Extension - P65 billion
(Rizal)LRT-2 East Extension - P9.5 billion
LRT-2 West Extension - P10.1 billion
(Rizal)MRT-4 - P49.8 billion
(Bulacan)MRT-7 - P68.2 billion
(Cavite & Bulacan)Metro Manila Subway - P357 billion
Common Station - P2.95 billion
(Central Luzon, Calabarzon)North-South Commuter Railway - P777.6 billion
(Bataan, Zambales, Pampanga) Subic-Clark Railway - P50 billion
PNR Bicol / South Long Haul - P175.3 billion
Mindanao Railway - P81.7 billion
The country's rail network is seen to expand to 1,209 km by 2025 from only 77 kilometers in 2016.
This is comparable to the 170.2 km rail network of Jakarta, Seoul's 490 km, Tokyo's 700 km, and Shanghai's 690 km.
ctto