DMCI, Marubeni bag $62M contract for LRT2 East Extension project

Construction giant D.M. Consunji Inc, and its Japanese partner Marubeni Corp. has bagged the contract to build Light Rail Transit Line 2's (LRT2) East Extension project.

In a disclosure to the Philippine Stock Exchange on Friday, DMCI said it has been awarded by the Department of Transportation the LRT2 East Extension project's electrical and mechanical package for the four-kilometer railway system extension with two additional stations eastwards.

The contract is worth approximately ¥6.9 billion or $62 million.

"Marubeni, as consortium leader, will be responsible for overall administration and the procurement of electrical and mechanical of railway systems, while DMCI will be responsible for track-work procurement and construction and the installation of the systems," DMCI said.

DMCI said it is the contractor responsible for constructing a viaduct and two new stations namely Emerald and Masinag for the LRT2 East Extension project.

Construction on these items will soon be completed, the company said.

The project is one part of the “Capacity Enhancement of Mass Transit Systems in Metro Manila Project," which has been financed with ¥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 13.8-kilometer elevated railway with 11 stations connecting to east and west of Metro Manila. —LDF, GMA News