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Makati subway builder inks deal for lot acquisition, financing for project's main station

Makati subway builder inks deal for lot acquisition, financing for project’s main station By TED CORDERO, GMA News Published March 12, 2021 4:46pm Listed Philippine Infradev Holdings Inc., the builder of the Makati City Subway, has secured a deal for the financing and land acquisition for the main station of the underground train system project. In a statement on Friday, Infradev said its wholly-owned subsidiary Makati City Subway Inc. (MCSI) signed a joint venture agreement with Richer Today Inc. (RTI). The company said MCSI formed an unincorporated joint venture with RTI for the “financing, design, construction, development, marketing, and sale of some 5.5 hectares of lots in and around Station 5 of the Makati City Subway Project.”

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