Philippine Infradev’s wholly-owned unit Makati City Subway has awarded an EPC contract, worth $1.2 bn, to China Construction Second Engineering Bureau for the construction of the $3.7 bn Makati Subway Project.
Under the contract, the company will be responsible for the civil, mechanical, electrical and plumbing works of the Makati Subway Project, an 11 km intra-city mass transport system.
The project, which is planned to be commissioned by 2025. Backed by $1.3 bn loan from the Asian Development Bank (ADB), the project involves the construction of 53.1km-long railway line connecting Malolos to Clark economic zone and Clark International Airport (CIA) in central Luzon, Philippines. It forms part of the 163 km North-South Commuter Railway Project.
