{"id":123035,"date":"2017-10-11T05:24:23","date_gmt":"2017-10-11T09:24:23","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=123035"},"modified":"2017-10-11T05:24:24","modified_gmt":"2017-10-11T09:24:24","slug":"guadalupe-bgc-monorail-eyed","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/10\/11\/guadalupe-bgc-monorail-eyed\/","title":{"rendered":"Guadalupe-BGC monorail eyed"},"content":{"rendered":"
\"Infracorp<\/a>
Infracorp eyes the stations near MRT Guadalupe and in Uptown Bonifacio, AGI\u2019s township development in BGC.<\/a>
(Photo by Mike Gonzalez (TheCoffee) – Own work, CC BY-SA 3.0)<\/a><\/figcaption><\/figure>\n

MANILA<\/strong>\u2014 Tycoon Andrew Tan\u2019s Infracorp Development, Inc. has submitted an unsolicited proposal to the government to build a monorail connecting MRT Guadalupe station and Bonifacio Global City (BGC).<\/p>\n

In a disclosure to the Philippine Stock Exchange (PSE) Wednesday, Alliance Global Group, Inc. (AGI) said it created Infracorp, a new subsidiary that will handle infrastructure projects.<\/p>\n

AGI added Infracorp aims to join the Public-Private Partnership (PPP) projects of the Duterte administration.<\/p>\n

In addition to the ongoing and planned infrastructure projects of the government, the Skytrain will be a two-kilometer monorail that aims to carry 60,000 to 100,000 daily passengers commuting between Guadalupe in Makati City and BGC in Taguig City, cutting travel time to five minutes.<\/p>\n

Infracorp eyes the stations near MRT Guadalupe and in Uptown Bonifacio, AGI\u2019s township development in BGC.<\/p>\n

AGI said the proposed monorail project will be at no cost to the government.<\/p>\n

\u201cGiven the country\u2019s strong and stable economy, we see a huge opportunity to invest in infrastructure. We are excited to participate and optimistic about the government\u2019s aggressive push for infrastructure developments,\u201d AGI Executive Director Kevin Tan said.<\/p>\n

\u201cFunding of the project will be internally-generated as part of AGI\u2019s existing CAPEX program. We cannot disclose the exact amount of the investment yet until the government gives us the gosignal to proceed. We will follow the rightful process of this exercise,\u201d added Tan who is also the appointed president of Infracorp.<\/p>\n

Once the government approved Infracorp\u2019s unsolicited proposal, the construction of Skytrain will take three years.<\/p>\n

The company said Skytrain can also be interconnected to the planned subway project passing through BGC.<\/p>\n

The AGI\u2019s unit will also look into other infrastructure projects in Metro Manila and other parts of the country.<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA\u2014 Tycoon Andrew Tan\u2019s Infracorp Development, Inc. has submitted an unsolicited proposal to the government to build a monorail connecting …<\/p>\n","protected":false},"author":33,"featured_media":123036,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,95],"tags":[27236,27233,6804,27237,27235,20525,27234],"class_list":["post-123035","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","category-news-ph","tag-alliance-global-group","tag-guadalupe-bgc-monorail-eyed","tag-inc","tag-inc-agi","tag-mrt-guadalupe-station-and-bonifacio-global-city-bgc","tag-philippine-stock-exchange-pse","tag-tycoon-andrew-tans-infracorp-development","mauthors-kris-crismundo","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/123035","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=123035"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/123035\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/123036"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=123035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=123035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=123035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}