China to Build Subway System in Metro Manila

Photo: Wikipedia

China Civil Engineering Construction Corporation (CECC) has won the contract to build a US$3.7bn, 11Km subway system in Manila, capital of the Philippines.

The deal between Philippine Infradey, the local company developing the subway in Metropolitan Manila, and CECC, a subsidiary of Chinese state-owned China Railway Construction Corporation was announced on the Philippines stock exchange at the end of January.

CECC will invest around US$35o million dollars in the project to build 11km of line with 8-10 stations in Makati city in the main Metro Manila area with no cost to the city itself.

The Construction contracts are expected to be signed by June 2019 and the work completed by 2023.

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