The Market Monitor Minding the Nation's Business
San Miguel Corporation (SMC) President and CEO Ramon S. Ang announced last week that it has begun building the new MRT-7 train depot on a 20-hectare property in San Jose del Monte, Bulacan.
Ang said this new facility will have enough room to accommodate up to 150 train cars, way above the 108 cars initially set for the rail line. He added, “there will be enough room for expansion if the need arises.”
“This is yet another important milestone reached by our MRT-7 team, who have been diligently working for several years now, even throughout this pandemic, not only to build the physical structure of the rail system, but also to overcome the many right-of-way and property-related challenges faced by a project of this scale,” Ang explained.
Ang boasted that SMC is fully committed to deliver this vital project to the public as soon as possible emphasizing, “we can’t waste anymore time”.
The MRT-7 construction is almost 70% complete and a number of train cars from Hyundai Rotem in South Korea have already arrived in the country. The full delivery of 108 train cars are expected to arrive by the end of 2022.