(News Release of Marubeni Corporation)
Marubeni Corporation (hereinafter “Marubeni”) and D.M Consunji, Inc. (hereinafter “DMCI”), one of the largest engineering-based construction companies in the Philippines, have been awarded the Manila LRT Line 2 East Extension Project, an electrical and mechanical (hereinafter “E&M”) package for a 4km railway system extension with 2 additional stations eastwards (hereinafter “Project”) for Department of Transportation of the Republic of the Philippines. The contract value is equivalent to approximately 6.9 billion Japanese Yen, or 62 million US dollars. Marubeni, as consortium leader, will be responsible for overall administration and the procurement of E&M railway systems, while DMCI will be responsible for track-work procurement and construction and the installation of E&M systems. DMCI is the contractor responsible for constructing a viaduct and two new stations - Emerald and Masinag - for the Project. Construction on these items will soon be completed.
The Project is one part of the “Capacity Enhancement of Mass Transit Systems in Metro Manila Project”, which has been financed with JPY 43.2 billion of Japanese governmental Yen-Credit, and it will contribute to reduction of both traffic congestion and air pollution, which are particularly severe problems in Metro Manila. The existing Manila LRT Line 2, which was awarded to Marubeni in 2000 and completed in 2004, is a 13.8km elevated metro line with 11 stations connecting to east and west of Metro Manila. Marubeni has an excellent track record of railway projects in the Philippines such as the Improvement and Modernization of Commuter Line South Project, the Metro Manila Light Rail Transit Line 1 Capacity Expansion Project – Phase 1 and Phase 2 Package B. Utilizing its vast experiences, as well as know-how acquired through the successful implementation of this Project, Marubeni will further contribute to social and economic growth in the Philippines by participating in more railway and infrastructure projects in the near future. Since its establishment 64 years ago, DMCI has improved the quality of life and sustained economic growth in the Philippines with a wide variety of infrastructure projects such as civil, transport, industry, public utilities, and other services. It ensures high-quality results, while meeting completion schedules even on challenging projects.