With the construction of the country’s first subway underway, a lawmaker is pushing for the creation of an agency that will oversee the implementation of the Metro Manila subway project. | JMAurelioINQ /PDI
In a statement, Herrera added that the “corporate structure and legal framework needed to manage the subway and future subways must also be built now” while construction is still underway.
The tunnel works for the first contract package of the 33-kilometer subway project began last January.The subway project is expected to be operational by 2028 and will have 17 stations connecting Valenzuela City to Pasay City. The bill set the foreign debt authorization at P300 billion of total outstanding debt, excluding interest. It also set the initial authorized capital of the GCR Subway Corp. at P 300 billion.
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