Will the Taguig to Pasay Subway become a reality soon? | Marvin Germo

Will the Taguig to Pasay Subway become a reality soon?

By: Marvin Germo | July 5, 2014

“A developed country is not a place where the poor have cars. It’s where the rich use public transportation.”Petro Gustavo, Mayor of Bogota

Aside from personal finance, investments and stocks I just love sharing good news and progress about country.  I keep sharing news bits like this because I believe this creates a strong conviction for Filipinos to believe in our economy even further.  But ultimately it would be the effects of the subway to our economy when it gets completed that will make our economy more sustainable for the long term.  If this subway project will happen this will bring us another step closer to the “Dream Plan for 2030” making transport in and out of the metro more efficient.  The subway system is what I always admire in other developed countries like Singapore and HongKong.  I believe this levels the playing field and makes it more efficient for everyone to move around the metro, rich or poor, as the route of the the subway will hit the major business and entertainment hubs in the metro.

Subway

The Facts

Project: Manila Transit Loop

Length: BGC Taguig – SM Mall of Asia Pasay (12 kms)

Total Cost: 374.5 Billion Pesos

Status: For Investment Coordination Committee (ICC )Approval

Bidding: 2nd quarter 2015

Possible Routes:

Option A:

Market-Market,
McKinley Parkway
5th Ave.
Ayala-EDSA (Connects with MRT)
Ayala Triangle,
Makati Post Office,
PNR Buendia, Buendia/Taft Ave., (Connects with LRT)
World Trade Center,
Mall of Asia,
EDSA/Taft Ave. (Connects with LRT)

Option B: (St. Lukes Route)

Market-Market,
St. Luke’s Medical Center
MRT-3 Buendia Station,
Ayala/EDSA,
Ayala Triangle,
Makati Post Office,
PNR Buendia,
Buendia/Taft Ave.,
World Trade Center,
Mall of Asia,
EDSA/Taft Ave.

As an investor your job is to follow where the money is going.  If this is via PPP, check who wins the project if it’s a listed company then you can assume that more cash will be coming to that company.  Whoever wins this, one thing for sure I know is true — the greatest days of our nation have yet to come!

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