San Miguel Corp.’s P69.3-billion mass rail transit linking North Ave. in Quezon City and San Jose del Monte City in Bulacan province is 59.72-percent complete as of December last year, the Department of Transportation said over the weekend.
The department said Metro Rail Transit Line 7, a 22-kilometer rail line which stretches from North Ave. to San Jose Del Monte with 14 stations, would trim down travel time to only 35 minutes from about two to three hours.
“Once operational, the rail line is expected to serve 300,000 to 850,000 passengers daily, with sufficient room for capacity augmentation to accommodate the potential increase of the rail transit’s ridership in the future,” the agency said.
It said the project was expected to be completed by the end of 2021.
MRT-7 is being built by SMC Mass Rail Transit 7 Inc. under SMC’s infrastructure subsidiary San Miguel Holdings Inc.
San Miguel tapped Hyundai Rotem and EEI consortium to build the line with stations at North Ave., Quezon Memorial Circle, University Ave., Tandang Sora, Don Antonio, Batasan, Manggahan, Doña Carmen, Regalado, Mindanao Ave., Quirino, Sacred Heart, Tala and San Jose del Monte.
San Miguel will also build a depot in San Jose del Monte that will house a control center, administrative offices, warehouse and facilities for train cars.
The company earlier completed Skyway Stage 3 project―a 14.82-km, six-lane elevated expressway that extends the elevated toll road from Buendia to Balintawak and links the South Luzon Expressway to North Luzon Expressway.
San Miguel is also proceeding with the construction of Skyway Stage 4―a 58.09-km road from south of Metro Manila Skyway to Batasan Complex, Quezon City.
Skyway Stage 1is a 9.3-km elevated road from Bicutan to the Makati central business district while Skyway Stage 2 is a 6.86-km expressway that consists of six lanes in the Bicutan-to-Sucat section and four lanes in the Sucat-to-Alabang section, with ramps leading to the South Luzon Expressway.
The conglomerate is also developing the P734-billion Bulacan International Airport project which is targeted to be completed by 2025.
The company operates the South Luzon Expressway, a 36-km toll road from Alabang to Sto. Tomas, Batangas. It also operates the NAIA Expressway Project, the Tarlac-Pangasinan-La Union Expressway and the STAR Tollway―a 22.16-km toll road from Sto. Tomas to Lipa City, Batangas.