MRT-7 IS 50% COMPLETE NOW - Marvin Germo

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By: Marvin Germo | January 19, 2020


Good news for those who are waiting for the MRT-7 to be completed! We now have an update as to what’s happening with the project. The Department of Transportation disclosed that the MRT-7, a P62.7 billion project which will operate from North Avenue in Quezon City and San Jose del Monte in Bulacan is now 50.69% finished. The government agency said on January 15, 2019, that for the rolling stock and electrical and mechanical works, 108 cars have already been completed. The tracks are still in progress. With this update, we can now look forward to what’s coming in our transportation system.

Catch me in my live training events! (quick plug)

The heart of why I do these seminars is I want to build a generation of Filipinos with the right foundation in stock investing.  I want to bring smart investing to every Filipino around the world! If you would like to know more about how you could time the market check out the training below.

Stock Smarts Taiwan – February 15, 2020
Stock Smarts Manila: March 14, 15, 21, 22 & 28, 2020
Stock Smarts Singapore: May 16 – 17, 2020
Stock Smarts New Zealand: June 6 – 7, 2020
Stock Smarts London: April 18 – 19, 2020
Stock Smarts Sydney: April 11 – 12, 2020

In-Progress Stages

Some stages of the projects are still in progress. Civil works of the underground and the elevated guideway of the rail line are done. The department said that civil works are indeed at full blast to maximize their time and resource for the project to be completed. As a commuter in the Philippines, it’s good to know that the MRT-7 is on the way to give convenience to people. Is this going to solve the traffic issues in the country? Would this make life easier for all commuters? We’ll never know unless we try to use the transportation system. Let’s stay tuned for updates!

Depot Updates

The department had acquired a depot along Quirino Highway located in Lagro, Quezon City. In November last year, it has received orders from two courts in Quezon City to take control of the site targeted for the planned depot of the project. The government found that the location was optimal for right-of-way implementation, capital expenditure, asset constructability, operational expenses efficiency, and operational reliability and maintainability. This depot became the replacement of the original depot sire in San Jose Del Monte, Bulacan. This is still under a legal case after the property owner interrogated the expropriation at the Malolos Regional Trial Court.

About MRT-7

The MRT-7 project worth P62.7 billion has three important parts: a 6-lane highway between North Luzon Expressway and proposed Intermodal Transportation Terminal, a 23-km rail transit system with 13 stations, and the Intermodal Transportation Terminal that can cater to 200 buses at a time. The travel time estimated is 34 minutes from one end to the other. For commuters coming from Quezon City, Bulacan, and cities between those two, this is such great news. Businesses can also benefit from this project in case they want to build an enterprise near the stations.

I’m excited to share my 5th book overall and the 4th book in the Stock Smarts series, Stock Smarts: Breaking the Resistance – How to time your traders perfectly. The heart of this book is to teach you strategic ways on how to come in and buy and sell stocks in a way where you come as the market is headed up and come out as the market is headed down. The book is now out and exclusive via Marvin Germo Book Orders.
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