RoK firm wins contract for No.1 section of Philippines' north-south railway project
Seoul (VNA) –
The Republic of Korea’s Hyundai Engineering & Construction Company (Hyundai
E&C) on September 21 won a
contract for the construction of the No. 1 section of the North-South Commuter
Railway project worth 573 million USD in the
Philippines.
The railway extends 52km from Malalos, north of capital Manila, to Clark. The project has five packages. The section that Hyundai
E&C is building covers two ground-level stations and a 17km elevated
bridge. Completion is expected to take 48 months.
Through the project, the Government of the Philippines aims
to improve accessibility in the country by shortening the travel time between
Manila and Clark. It also hopes to solve the traffic congestion issue in the
capital region and decrease travel expenses as well as carbon dioxide
emissions.
The opening of the railway is expected to help the local
tourism industry by creating jobs in system operation./.