MRT Railway Project
Construction of the long-delayed P62.7-billion Metro Rail Transit Line 7 (MRT-7), which involves the putting up of a 22.8-kilometer railway line from Quezon City to Bulacan province, may start late next year, its builder said.
DMCI Holdings Inc. president Isidro Consunji said in an interview on Thursday that it could take about a year for the project’s major stakeholders, San Miguel Corp. and businessman Salvador Zamora III, to secure an official development assistance (ODA) loan from the Japanese government.
It was earlier reported that the MRT-7’s rail component will initially operate 108 rail cars in a three-car train configuration. Initial capacity is projected at 448,000 passengers a day, but will eventually be expanded to accommodate as many as 850,000passengers daily.