Sumitomo bags P27-B Manila subway project - BusinessWorld Online

  • 📰 bworldph
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 68%

Philippines Headlines News

Philippines Latest News,Philippines Headlines

THE PHILIPPINE Transportation department has awarded contracts for the Metro Manila Subway Phase 1 and South Commuter Railway projects. READ

tracts for the Metro Manila Subway Phase 1 and South Commuter Railway projects.

The Japan International Cooperation Agency still needs to concur with the award, while the contractors must submit the required documents, based on the rules covering Japan’s official development assistance loans, Transportation Undersecretary Kim Robert C. De Leon said in the notice sent to Sumitomo Mitsui Managing Executive Officer Hitoshi Yamaji.

The South Korean joint venture won a contract to build an 8.5-km railway viaduct, including elevated stations in Alabang, Muntinlupa City. Meanwhile, the joint venture of South Korea’s Lotte Engineering & Construction Co. Ltd., Turkey’s Gulermak Agir Sanayi Insaat ve Taahhut AS and the Philippines’ EEI Corp. was awarded a contract to build a depot and 0.5-km road worth P15.91 billion plus $21.33 million.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Digital nomad hotspots grapple with housing squeeze - BusinessWorld OnlineLISBON/MEXICO CITY — Among the glitzy new apartment buildings springing up in Mexico City’s Juarez neighborhood, fashionable coffee shops are taking the place of taco stands and English is replacing Spanish on signs and posters aimed at an influx of newcomers. The remote work boom sparked by coronavirus disease 2019 (COVID-19) has lured large numbers […]
Source: bworldph - 🏆 9. / 68 Read more »

MWSS fines Maynilad for recurring water service interruptions - BusinessWorld OnlineTHE METROPOLITAN Waterworks and Sewerage System (MWSS) is penalizing Maynilad Water Services, Inc. for P9.26 million due to prolonged water service interruptions and other issues. READ
Source: bworldph - 🏆 9. / 68 Read more »

BillEase, PayMongo to help retailers through buy-now-pay-later service - BusinessWorld OnlineCONSUMER finance platform BillEase has partnered with online payments company PayMongo to offer a transparent card-free buy-now-pay-later (BNPL) service that would help businesses expand. READ
Source: bworldph - 🏆 9. / 68 Read more »

[B-SIDE Podcast] The promise of power: Nuclear energy in the Philippines - BusinessWorld OnlineNuclear energy has a bad reputation in the Philippines. That the Bataan Nuclear Power Plant is unfit and unsafe is what Carlo A. Arcilla, director of the Philippine Nuclear Research Institute (PNRI), calls “the greatest piece of fake news in the history of the Philippines.”
Source: bworldph - 🏆 9. / 68 Read more »

DoE sets minimum RE share at 2.52% in 2023 for on-grid power suppliers - BusinessWorld OnlineTHE Department of Energy (DoE) said on Wednesday that on-grid power suppliers must expand the share of renewable energy (RE) in their output to 2.52% by next year, from the current 1%, for them to remain compliant with the requirements of the renewable portfolio standards (RPS) program.
Source: bworldph - 🏆 9. / 68 Read more »