Tuesday 18 June
Jun 12, 2019 @ 13:31

RSA to open parts of MRT-7 by end of 2021

 

Diversified conglomerate San Miguel Corp. (SMC) targets to open a 20-km. portion of the Metro Rail Transit (MRT) Line 7 by end of 2021 amid right-of-way (ROW) issues hounding the project.

RSA to hire rehabilitated drug users in MRT-7 project

SMC president and chief operating officer Ramon Ang said the construction of the MRT project was in “full swing” despite some problems on ROW and train depot.

“But we have more or less sorted that out and have agreed with (Transportation) Secretary (Arthur) Tugade to initially open the first 20 km. by the end of 2021. And then, one year after, (it will already be) full(y) operational,” he said during the conglomerate’s stockholders’ meeting on Tuesday.

The MRT 7 project is a 23-km. elevated railway line with 14 stations from San Jose del Monte, Bulacan to North Ave. in Quezon City.

Ang told reporters the 20-km. portion of the project stretches from the North Edsa MRT-LRT common station to Fairview in Quezon City.

SMC forms P10B company for MRT-7 project

“Maganda na yun, malaking bagay na yun. I think, yun ang malaking volume ng passenger,” he added.

Ang bared that the conglomerate would unveil an initial 800 megawatts (MW) in renewable energy projects early next year.

San Miguel set to start work on MRT-7

“By March 2020, isi-switch on ko na yon (I will switch-on these projects),” he said without elaborating.

Ang said they plan to add 1,000 MW of renewable energy projects in their portfolio over the next few years, including solar, wind and pumped hydro projects. (PNA)

Please follow and like us:
error

Tags: , , , , , , , ,

Related Stories
Former beauty queen Ailleen Damiles shared how San Miguel Corp. chairman Eduardo "Danding" Cojuangco celebrated
The former beauty queen and longtime partner of San Miguel Corp. chairman Eduardo "Danding" Cojuangco
The country’s largest conglomerate continues to give back to society.
Diversified conglomerate San Miguel Corp. has proposed to develop and operate a bus and food


 

Trending News

Copyright © 2019 Bilyonaryo - Latest news on the richest Filipinos and Family Business.