August 18, 2019
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.
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