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Consunji Group eyes P60-B LRT 1 extension

By Zinnia B. Dela Peña (The Philippine Star) Updated June 06, 2012 12:00 AM

MANILA, Philippines - The Consunji Group is contemplating a bid for the P60-billion contract to extend and manage Line 1 of the Light Rail Transit (LRT) system, a top company official said.

DMCI Holdings president Isidro Consunji said the group is in talks with two other groups to jointly bid for one of the biggest infrastructure projects under the government’s pump-priming initiatives.

Consunji, however, refused to name the two parties pending outcome of negotiations with them.

Metro Pacific Investments Corp. (MPIC) and conglomerate Ayala Corp. earlier formed a partnership to jointly develop light rail projects in the country.

Also, San Miguel Corp. announced in Febuary that it was keen on bidding for contracts to expand LRT Lines 1 and 2 in line with its diversification into the infrastructure business.

The Consunji Group and MPIC are partners in West Zone concessionaire Maynilad Water Services Inc. Just last month, San Miguel tapped DMCI Holdings to help build the Metro Rail Transit System 7.

The Department of Transportation and Communications opened on Monday the LRT Line 1 bidding to local and international companies. The project aims to extend the 21-kilometer Roosevelt-to-Baclaran line by 12 more kilometers to Cavite.

The existing line currently serves an average of 488,00 passengers per day.

According to the DOTC, the bidder must be able to provide the design, engineering, construction works as well as completion of the extension of the existing LRT Line 1 until Cavite.

The DOTC said the bidder must be able to replace the train fleet, and undertake the required rehabilitation works on the railway infrastructure and systems over the life of the concession.

Interested parties were given until Aug. 22 to secure bid documents from the DOTC.

The extension will involve the construction of additional stations to the existing railway which are: Redemptorist, Manila International Airport Road, Asia World, N. Aquino, Dr. Santos, Manuyo Uno, Las Pinas, Zapote, Talaaba, and Niyog in Bacoor.

The contract to be bid out to the private sector will cost P30 billion, which will involve construction works for the extension of LRT Line 1.

The government will shell out P30 billion for the acquisition of electromechanical components such as train tracks, power supply units and new coaches to accommodate the anticipated increase in traffic. The money will be sourced through a loan from the Japan International Cooperation Agency.

Given the huge population south of Metro Manila commuting daily, it is expected that up to an additional 500,000 daily commuters will benefit from the project.

DOTC Secretary Manuel Roxas II earlier said they expect the first phase of the project to be completed by late 2014, and the second phase by late 2015.
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