Infracorp Proposes Monorail Connecting Eastwood City to MRT-3
INFRACORP Development, the infrastructure division of Andrew Tan’s Alliance Global Inc., (AGI), looks to build a second monorail project that would link Eastwood City in Libis, Quezon City, to MRT-3’s Santolan station at the corner of Boni Serrano Avenue and EDSA. This is in a bid to lessen traffic congestion and increase access for commuters within Eastwood and nearby vicinities.
The estimated distance between Eastwood City and Santolan Station is around five kilometers. AGI hopes it would make daily commutes easier and faster for visitors and office employees working in Eastwood City. The plan is for construction to start this year, and targets 2021 for its initial operations.
Eastwood City, which is a township real estate development of Megaworld Corporation, is also owned by business tycoon Andrew Tan.
Similar to the Proposed Guadalupe-Skytrain
According to AGI President and Chief Operating Officer Kingson U. Sian, the said project will be similar to the PHP3-billion Skytrain that the company proposed to the government last year. The two-kilometer Skytrain, which has a 60,000 to 100,000 daily passenger capacity, will connect MRT-3’s Guadalupe Station to Megaworld’s Uptown Bonifacio township in Fort Bonifacio within five minutes.
“The first model is important because it can serve as the model for the future Skytrain, including the equipment supplier, technologies, and so forth. Depende na lang sa haba (It will depend on the length),” Mr. Sian said to reporters after AGI’s yearly shareholders’ meeting in Eastwood City last September 18.
Alliance Global Group Inc. (AGI) plans to invest PHP240 billion on its property and other business ventures until 2020. And while AGI hasn’t provided details on where they plan to invest the money, INFRACORP is said to focus on rail infrastructure projects that aim to help the government build “world-class public transport system” and “efficient movement of the riding public across Metro Manila.”