LRT-2 West Extension funding expected this year, Transport dep’t says
THE Department of Transportation (DoTr) is aiming to obtain funding for the Light Rail Transit Line 2 (LRT-2) West Extension project this year.
“For the west extension, we’re still working (to secure funding)… our target is within this year,” Transportation Secretary Jaime J. Bautista told reporters last week.
Last year, the Light Rail Transit Authority (LRTA) through the DoTr requested the issuance of multi-year obligational authority (MYOA). Once issued, the authority will signify the government’s commitment to fund the project.
The MYOA is issued by the Department of Budget and Management to government agencies undertaking multi-year projects.
Last year, the LRTA noted the delay in the MYOA’s issuance, which should have been released in 2022.
Construction of the rail line is expected to begin next year, Mr. Bautista said.
The proposed LRT West Extension covers three kilometers from Recto Avenue station to Pier 4. This project will have three stations: Tutuban, Divisoria and Pier 4.
The LRT-2 West Extension project will cost an estimated P10.12 billion. The project also includes the procurement of additional light rail vehicles to meet growing passenger demand. — Ashley Erika O. Jose