San Miguel Corp. (SMC) is set to complete the construction of Metro Rail Transit (MRT) line 7 in 2019.
Ramon S. Ang, SMC president and chief executive officer, said currently, majority of the right-of-way has been delivered by the government so construction will continue and will be completed by 2019.
Ang also said the P62.7-billion project is already fully funded.
Construction of the MRT-7 is ongoing and is 5.04 percent complete as of last February, according to the Public-Private Partnership Center’s latest data.
Last year, SMC broke ground for the MRT-7 which will run from North avenue in Quezon City to San Del Monte in Bulacan.
SMC holds the 25-year concession to operate and maintain the 23-kilometer elevated railway line.
The rail system comprises 14 stations from San Jose Del Monte to MRT-3 in North avenue and the 22-km asphalt road from Bocaue interchange of the North Luzon expressway to the intermodal terminal in Tala.
09 June 2017