Tuesday, September 10, 2019

DMCI rushes infra projects


Updated By James A. Loyola

D.M. Consunji, Inc. (DMCI) is ramping up construction of its big-ticket infrastructure projects to help boost the “Build, Build, Build” program of the Duterte administration.
As of June 30, DMCI said it has completed 61.93 percent of the entire LRT Line 2 East Extension project. The train viaduct was completed in 2017 while the two additional stations will be completed by next month.
Jointly funded by the Japan International Cooperation Agency and the Department of Transportation, the last package of the LRT Line 2 East Extension project was awarded to the joint venture of Marubeni Corporation and DMCI last March.
It includes the electromechanical system (EMS) and trackworks needed to operate the four-kilometer train line.
“Marubeni has procured the EMS systems and we have started the installation works. Barring any unforeseen circumstances, we expect to finish the entire east extension project by the fourth quarter of 2020,” said DMCI President and CEO Jorge A. Consunji. The LRT Line 2 East Extension project was designed to accommodate an additional 80,000 passengers daily, one-third more than the current LRT 2 average daily ridership of 240,000.
Skyway Stage 3, another high-impact infrastructure project of DMCI, is 72.67 percent complete, as of June 30. Its Plaza Dilao off-ramp along Quirino Avenue in the City of Manila was opened to motorists last July 22.
DMCI expects to complete an additional 12.33 percent of Sections 1 and 2 of Skyway Stage 3 in the second half, which will raise its year-end project accomplishment to 85 percent.

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