The Department of Transportation (DOTr) has awarded the Tokyu-Tobishima Megawide Joint Venture (TTM-JV) a PHP17.75 billion contract for works on the Metro Manila Subway Phase 1 project in the Philippines. Under the Contract Package 104 (CP104), the JV will oversee the construction of two underground stations and tunnels at Ortigas North and Ortigas South.
Additionally, the agency has also signed Right-of-Way Usage Agreements (ROWUA) with Robinsons Land Corporation (RLC), Ortigas & Company Limited Partnership, Blemp Commercials of the Philippines, and Megaworld Corporation. The agreement is expected to expedite construction work on the subway project.
The Manila Subway will link Valenzuela City to the Ninoy Aquino International Airport (NAIA) Terminal 3 in Pasay and is majorly funded by the Government of Japan. The 35 km subway line will have 15 underground stations. Once operational, it will reduce travel time between Quezon City and NAIA from 70 minutes to 35 minutes. Partial operation is expected to start in 2025 with the entire line opening for service in 2027.