The Feasibility Study of the Project as commissioned by the Ministry of Economy,
Trade and Industry (METI) of the Government of Japan was submitted to LRTA on June 2010.
DESCRIPTION
Two proposed extensions of the existing LRT Line 2
East Extension
Extension of the existing LRT Line 2 by 4.14 kms.
eastward from the existing Santolan Station at Marcos Highway, terminating
at the intersection of Marcos Highway and Sumulong Highway.
Two additional stations will be constructed:
Emerald Station in front of Robinson's Place Metro East in Cainta Rizal; and
Masinag Station at the Masinag Junction in Antipolo City
Estimated Project Cost: (East Extension Only)
PPP Stucture
Government
Private
Scope
Civil and Electromechanical
Rolling Stock and O & M
Project Cost
US $ 120 Million*
US $ 100 Million*
* Source: Information Kit during the PPP Forum on November 18-19, 2010 at The Manila Marriot Hotel, Pasay City
West Extension
Extension of the existing LRT
Line 2 by about 1.62 kms. westward from Recto Station until Delpan Street in
front of Tutuban up to Divisoria Mall.
PROJECT COST:(Based on the Feasibility Study submitted by JICA Study Team)
JICA
(Japan International Cooperation Agency)
East
Extension Only
a.) Php 9,980 billion for Civil Works and Electro-mechanical Works(2011-2016)
b.) Php 1.615 billion for additional rolling stock by 2030.
East and West Extension
a.) Php 14,744 billion for Civil works and Electro-mechanical Works (2011-2016)
b.) Php 2.154 billion for additional rolling stock by 2028
STATUS as of January 31, 2012:
There is an on-going study of the DOTC Study Team to take a fresh look at the implementation scheme or the modality of the project.
Study on the structuring/packaging of the project under a PPP arrangement is included in the contract with DBP-IFC Transaction Advisors.
The JICA Study Group completed the Final Report for the Preparatory Study for the LRT Line 2 East Extensiion Project on October 20, 2011.