The Philippines Department of Transportation secretary has signed a contract with the Tokyu-Tobishima Megawide JV to build part of the Metro Manila Subway.
Department of Transportation (DOTr) Secretary Arthur Tugade, signed Thursday, May 5, the P17.75 BIllion contract for two stations and tunnels of the P488 Billion Metro Manila Subway Phase 1, Contract Package 104 (CP104), with the Tokyu-Tobishima Megawide Joint Venture (TTM-JV).
81748 The C
SUBWAY CONSTRUCTION. A construction site of the Metro Manila Subway on Mindanao Avenue, Quezon City taken on August 18, 2021. The PHP17.75 billion contract package 104 of the first phase of the Metro Manila Subway was officially awarded to the Tokyu-Tobishima Megawide Joint Venture (TTM-JV) during a signing ceremony on Thursday (May 5, 2022). (PNA photo by Rico H. Borja) MANILA - Department of Transportation (DOTr) Secretary Arthur Tugade Thursday signed a contract worth PHP17.75 billion as part of the first phase of the Metro Manila Subway. The contract package, dubbed CP104 and that was awarded to Tokyu-Tobishima Megawide Joint Venture (TTM-JV), includes the construction of two subway stations and tunnels at Ortigas North and South. The contract was signed at an event at Edsa Shangri-La in Mandaluyong City between Tugade and executives of the TTM-JV. During the event, right-of-way usage agreements were also signed between DOTr and partners in the private sector including Blemp Commer
The development of the country’s first subway system is picking up steam as the Department of Transportation yesterday inked right-of-way usage agreements with four major property owners and awarded a contract for the construction of two stations.