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INFRACORP ready to start BGC-Makati Skytrain project this year
Skytrain

The Skytrain monorail project secured in 2018 the original proponent status from the Department of Transportation, giving it the upper hand once a Swiss challenge process is undertaken.

INFRACORP Development, Inc., the infrastructure company of tycoon Andrew Tan’s Alliance Global Group, Inc. (AGI) has announced that it is ready to start the proposed Skytrain monorail project connecting the districts of Taguig and Makati.

dotr-infracorp

The proposed 2-kilometer Skytrain monorail project is ready to start within the year after it was granted the ‘Original Proponent Status’ (OPS) by the Department of Transportation (DOTr). The project costs Php3-billion and will utilize the automated cable-propelled monorail technology, connecting Fort Bonifacio and MRT Guadalupe Makati. Travel time between two destinations is expected to be only 5 minutes, with no cost to the government.

The project will also make provisions to interconnect with other transport hubs operating within the area where the monorail passes through. It envisions to benefit around 60,000 to 100,000 passengers daily going to and from the bustling business districts of Makati and Taguig.

“We can start the project before the year ends and this will take us two years to complete it. By early 2021, we can open the Skytrain to the public,” said INFRACORP President Kevin L. Tan.

With the DOTr’s endorsement of the project, the proposal will go through a review by the National Economic Development Authority (NEDA) Board’s Investment Coordination Committee.

MANILA, Philippines — Infracorp Development Inc., the infrastructure company of tycoon Andrew Tan’s Alliance Global Group Inc. (AGI), is looking to begin construction of its two-kilometer Skytrain monorail project by the second half.

“Optimistically, we can break ground in the second half,” AGI CEO Kevin Tan said.

Tan said the project is expected to be approved by the National Economic and Development Authority -Investment Coordination Committee in its next meeting.

“We have made the groundworks already for the right of way and then we’ve also done the bidding,” he said.   

The Skytrain monorail project secured in 2018 the original proponent status from the Department of Transportation, giving it the upper hand once a Swiss challenge process is undertaken.

“There will always be a Swiss challenge, but we anticipate that hopefully there will not be any challengers,” he said.

Tan said the project would cost P3.6 billion and is expected to be completed in two years.

“Part of the plan is to have an O&M (operations and maintenance) partner and it would most likely be one of the suppliers we will choose for the project,” he said.

The Skytrain project will use automated cable-propelled monorail technology, reducing travel time from uptown Bonifacio to MRT Guadalupe to only five minutes, at no cost to the government.

The project will also make provisions to interconnect with other transport hubs operating within the area where the monorail passes through and is seen to benefit around 100,000 commuters every day.

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