DM Consunji Inc.
(DMCI), the construction arm of listed conglomerate DMCI Holdings Inc., is
looking to bid to construct the extension of the Light Rail Transit Line 2
(LRT-2) from Recto Ave. station to North Harbor.
President and Chief
Executive Officer Jorge Consunji told reporters recently that the Department of
Transportation (DoTr) plans to open the bidding process for the line’s
extension.
“The DoTr said it (the
extension line) is being designed and the Philippine government will fund it…”
Consunji said, adding that the bidding is expected “before the year is over.”
While there are no
details yet on the investment, Consunji said the project may run about three to
four kilometers.
According to the DMCI
chief, the company hopes to participate in the bidding process, as DMCI was
also leading the LRT-2 East Extension project together with Japan’s Marubeni
Corp.
That project entered
its final phase in April. It is expected to be completed by end-2020.
Marubeni Corp. and DMCI
bagged the $62-million electrical and mechanical (E&M) contract for the
said railway system.
Under the contract,
Marubeni would lead the administration and the procurement of the E&M for
the rail transport’s extension, while DMCI would focus on track-work
procurement, as well as the establishment and installation of E&M systems.
No comments:
Post a Comment