| Budget | Start Date | End Date | Status | Major Region | Region | Remarks |
|---|---|---|---|---|---|---|
| 227,000,000,000.00 | 2015/03/01 | PROJECT IMPLEMENTATION | Luzon | NCR - National Capital Region | The feasibility study is being conducted with the help of a grant from the Japan International Cooperation Agency (JICA). |
Project Description
A 25-kilometer underground mass transportation system connecting major business districts and government centers. It is expected to serve around 370,000 passengers per day in its opening year.
Funding Source
Official Development Assistance (ODA)
Documents
MILESTONE
Progress: 30% - PROJECT DEVELOPMENT
Progress: 15.8% - PROJECT PROCUREMENT
Progress: 0% - PROJECT IMPLEMENTATION
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GUIDELINES
The NEDA Board, through the Investment Coordination Committee (ICC), reviews and approves proposed projects costing at least PhP 1 Billion. The NEDA Board is chaired by the President with specific Cabinet Secretaries as members. The ICC is a committee of the NEDA Board chaired by the Secretary of the Department of Finance together with the Secretary of Socioeconomic Planning. For further information on the processing of projects for ICC review and approval, please refer to this
INVESTMENT COORDINATION COMMITTEE