“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.
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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If you’d like to learn more how to invest in the stock market and learn how to make your money work hard for you. I’d like to invite you to our upcoming events
- January 31st Stock Smarts Bascis: Manila
- January 31st How to Find The Perfect Timing in Buying and Selling Stocks (afternoon)
- February 7th Stock Smarts Cebu: Technical Analysis
- February 12th Technical Analysis: Chart Patterns and Oscillators (Evening Session)
- February 18th Stocks vs Forex
- February 26th Fundamental Analysis: How to pick good stocks and avoid bad ones (Evening Session)
- February 28th Money Management and Stock Smarts Thailand 2015
- March 6th Stock Smarts UAE: Firm Foundation – Day 1
- March 7th Stock Smarts UAE: Technical Analysis – Day 2
- March 8th Stock Smarts UAE: Pro – Day 3
- March 20th Stock Smarts Singapore 2015 (Basic) – Day 1
- March 21st Stock Smarts Singapore 2015 [Day 2] : Technical Analysis
- March 22nd Stock Smarts Singapore 2015 [New Topics] : Portfolio Mangement, Market Outlook and Fundamental Analysis
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