Makati subway no longer feasible, builder goes for arbitration
7 Articles
7 Articles
Deal collapse leaves Makati out of Metro subway loop
IN a stunning collapse of what was once billed as a transformative transit initiative, the Makati City Subway project has been officially canceled — leaving the country's premier financial district without a direct link to the Metro Manila Subway. Philippine Infradev Holdings Inc. (PIHI), the private proponent of the P200 billion underground railway, confirmed Friday that it had formally exited its joint venture agreement (JVA) with the Makati C…
Makati subway no longer feasible, builder goes for arbitration
MANILA, Philippines — The P200-billion Makati City Subway project is “no longer economically and operationally feasible” because of the territorial dispute between Makati and Taguig, according to its contractor. In a disclosure on Friday, Philippine Infradev Holdings Inc. said that some subway stations and depot had been declared under the jurisdiction of Taguig following a Supreme Court decision. The High Court ruled that the 10 “embo” (enliste…
Makati subway grinds to a halt; senators hope for resolution
By Wilnard Bacelonia EDSA-Magallanes flyover, Makati City (DPWH photo) MANILA – Senators Ramon Revilla Jr. and Alan Peter Cayetano on Friday called for a resolution to the PHP200-million Makati City subway impasse, a project now deemed by the private contractor as not economically and operationally feasible due to the territorial dispute with Taguig City. Philippine Infradev Holdings Inc., the project’s private partner, announced this week that …
Are we still seeing the Makati subway project?
The Makati-Taguig dispute affected the project.File photo: Makati Mayor and senatorial candidate Abby Binay and the proposed Makati subwayNo more subway in Makati for now?After all the initial work, it seems the Philippines can no longer see its first subway in Makati City.Project contractor Philippine Infradev Holdings, Inc., said the project is "no longer economically and operationally feasible" due to the territorial dispute between Makati an…
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