The Philippines Department of Transportation secretary has signed a contract with the Tokyu-Tobishima Megawide JV to build part of the Metro Manila Subway.
The Department of Transportation (DOTr) on Thursday awarded a multibillion-peso contract for a portion of the Metro Manila Subway Project to a joint venture of Tokyu Construction, Tobishima Corporation, and Megawide Construction Corp.
MEGAWIDE Construction Corp. and partners Tokyu Construction and Tobishima Corp. have signed a P17.75-billion deal for the construction of underground stations for North and South Ortigas as well as tunnels connecting the two locations of the Metro Manila Subway. Edgar Saavedra, the chairman and CEO of Megawide, said the deal…
The development of the country’s first subway system is picking up steam as the Department of Transportation yesterday inked right-of-way usage agreements with four major property owners and awarded a contract for the construction of two stations.
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