zgfhxdfg

1. P18-B Metro Manila Subway Phase 1 contract signed
Department of Transportation (DOTr) Secretary Arthur Tugade, signed Thursday, May 5,
the P17.75 BIllion contract for two stations and tunnels of the P488 Billion Metro Manila
Subway Phase 1, Contract Package 104 (CP104), with the Tokyu-Tobishima Megawide
Joint Venture (TTM-JV).
The CP104 contract includes the construction of two underground stations and tunnels at
Ortigas North and Ortigas South.
The Right-of-Way Usage Agreements (ROWUA) between the DOTr and various companies
– Robinsons Land Corporation, Ortigas & Company Limited Partnership, Blemp
Commercials of the Philippines and Megaworld Corporation was also signed during the
event held in Edsa Shangri-la, Mandaluyong. .
The ROWUA will speed up the construction of the subway.
Japanese Ambassador to the Philippines, His Excellency Kazuhiko Koshikawa was
with Tugade and winning CP104 contractor TTM-JV during the signing ceremony.
Representatives of the Japanese Embassy, the Japan, Japan International
Cooperation Agency (JICA) and private partners of the project also witnessed the
signing.
The DOTr targets to partially open the subway by 2025, with full operations slated
by 2027.
The Metro Manila Subway is one of the Philippines’ largest infrastructure projects
aimed at creating an efficient rail system in the world’s most densely populated city.
Funded by the Japanese government, the subway will run from Valenzuela City to
the Ninoy Aquino International Airport (NAIA) Terminal 3 in Pasay.
The 35-kilometer line will consist of 15 underground stations and will reduce travel
time between Quezon City and NAIA from one hour and 10 minutes to 35 minutes.
Once operational, the subway can accommodate up to 1 million passengers per
day.
“As the Joint Venture’s Filipino partner, we are honored for the opportunity to once
again participate in our country’s infrastructure development,” remarked Edgar
Saavedra, Megawide Chairman and CEO.
Tokyu Construction Co., Ltd. is one of the established Japanese general contractors
engaged in commercial, institutional, and residential buildings as well as civil
engineering works for dams, bridges, and transportation systems.

2. It led the redevelopment of the Tokyo Metro Ginza Line Shibuya Station located at
the center of Shibuya, a key district in Tokyo.
Likewise, Tobishima Corporation is one of Japan’s leading general contractors,
involved in large-scale civil engineering works for hydro-electric power plants, dams,
and railroads, with onshore and offshore projects located in Brunei Darussalam,
Indonesia, Pakistan, and Myanmar, among others.