SMC?s P69.3B MRT-7 breaks ground
The P69.3 billion mass railway transit project of Bilyonaryo Ramon S. Ang?s San Miguel Corp. (SMC) is set to finally break ground in a ceremony to be led by President Aquino today.
Residents from Quezon City, Caloocan City, Bulacan, and neighboring areas in the north can look forward to a faster and more convenient commute to the center of the metropolis with the construction of the Metro Rail Transit Line 7 (MRT-7).
Transportation Secretary Joseph Emilio Abaya is expected to grace the groundbreaking ceremony at the Quezon Memorial Circle of the project to be undertaken by SMC?s Universal LRT Corp.
The construction of the 23 kilometer railway system with 14 stations from North Avenue, Quezon City to San Jose del Monte, Bulacan also includes a 22-km highway from the North Luzon Expresswy (NLEX) Bocaue interchange, and an intermodal transport terminal (ITT) adjacent to the San Jose del Monte Station.
Commuters can take public utility vehicles or private cars and use the new highway from NLEX, alight at the ITT, and board the MRT-7 going to North Avenue, Quezon City.
?The long-awaited MRT-7 will serve commuters who ply the heavily congested Commonwealth Avenue area for work and school on a daily basis. The new railway system will not only significantly lessen travel time along this corridor, but also help decongest traffic in Caloocan and NLEX,? Abaya said.
Once completed and operational by April 2020, the MRT-7 is expected to initially accommodate 350,000 daily passengers and shorten travel time from the current 3.5 hours on the road to one hour.
Once further upgrades are made, ultimately 800,000 passengers per day will benefit from the project.