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Tuesday, April 16, 2024

Alvarez: Only businessmen will benefit from MRT-LRT accord

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The House of Representatives is considering an inquiry into the cost of building the MRT-LRT Common Station in North Avenue, Quezon City.

House Speaker Pantaleon Alvarez notes, the project to be called ‘Unified Grand Station’ was worth P 778-million eight years ago or in 2009 but now, yet it has now ballooned to P 2.8 billion.

“Win-win situation yan para sa mga negosyante, pero hindi sa taong bayan na sumasakay (that is a win-win situation for businessmen but not for the commuters using public transportation),” Alvarez observes.

“Win-win situation yan sa may mga commercial interests (that is a win-win situation for those who have commercial interests),” he reiterates.

The common train station will be built in between SM North Edsa and Trinoma Mall.

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In its reply, the Department of Transportation says, the P 778-million figure was just an initial estimate for the construction of the train station.

But Alvarez says, the House Committee on Transportation will scrutinize the agreement signed for the project.

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