DOTC: Majority of infra projs to be completed by 2016
MANILA, Philippines -- The Transportation department on Wednesday said it is confident that majority of its infrastructure projects in the pipeline will be completed before President Benigno Aquino III steps down in 2016.
This, despite the setbacks that resulted in delays in the roll-out of the agency's infrastructure projects worth almost P500-B, Transportation Secretary Joseph Emilio Abaya, in a speech read by DOTC Undersecretary Catherine Gonzales before the Chamber of Thrift Banks' annual convention, said on Wednesday.
The biggest among the projects, the P60-billion Light Rail Transit Line 1 Cavite extension, is expected to be completed in 2016 as the DOTC is set to auction it off in June, Abaya said. He noted four entities have already pre-qualified for the bidding and these are the Light Rail Manila consortium, SMC Infra Resources Inc., the MTD-Samsung consortium, and the DMCI Holdings Inc.
Another railway project, the P9.7-billion LRT-2 East Extension is expected to be completed by 2015, Abaya said. The DOTC is already set to bid out a consultancy contract for the civil works on said project, he pointed out.
The Transportation department is also set to auction off the P1.7-billion automated fare collection system project which would put in place a single-ticketing system for the two LRT lines and the Metro Rail Transit.
Meanwhile, the following projects remain in the agency's pipeline and are expected to be rolled out soon: the P10-billion Cebu Bus Rapid System; the Manila Bay-Pasig River-Laguna Lake ferry system; the P17.5 billion Mactan-Cebu International Airport project; rehabilitation of the Ninoy Aquino International Airport, and airports in Tacloban, Laguindingan and Puerto Princesa; and the P4-billion improvement of Davao Sasa Wharf.