The construction of the proposed 18-kilometer Monorail line from Mandaue City to the South Road Properties (SRP) will kick-off either year-end of 2018 or first quarter of 2019 and will likely be completed by 2021.
Philtram Transportation Consortium Inc. and China Railway Engineering Consulting Group Limited (CEC) have signed and sealed the Memorandum of Cooperation (MOC) to pursue the multi-billion Peso Monorail Project in Metro Cebu. Both firms agreed to prioritize the said project. Philtram has already signed a separate Memorandum of Understanding (MOU) with the cities of Mandaue and Cebu to collaborate in the conduct of a feasibility study.
In a press statement, Philtram said the project may extend further north to Consolacion town to help decongest the traffic in that area.
Initially, Philtram proposed an 18-kilometer Metro Cebu Line from Mandaue City to the South Road Properties but needed to expand the coverage to Consolacion after there was an adjustment in the alignment, this according to Cerwin Eviota, Philtram spokesman.
As of press time, the feasibility study should have been done already but due to adjustment in the alignment, it could take until this month to get it done, said Eviota.
Subsequently, once they are able to complete the study, Philtram will then submit its unsolicited proposal to the Department of Transportation (DOTr), he added.
With this development after the successful submission of the unsolicited proposal, Philtram will complete the detailed engineering and design, which would take between six and nine months. Thus, the project can start by the end of the year or early next year.
“Since civil works and installation of signaling system and the test runs for the rolling stocks will take just two years, Cebuanos should start to enjoy this mass transport system by the start of 2021,” Eviota said.
On February 27, Philtram successfully presented the project to the Regional Development Council 7 Infrastructure Development Committee at Hotel Elizabeth for detailed analysis and assessment of their proposal.
Meanwhile, Philtram founder and Chief Operating Officer Jose Guardo Jr. disclosed that the said transport system can accommodate up to 4,000 passengers per hour every day or 1,200 passengers per trip. He said the planned mass transport system would only cost passengers P11 as boarding flat rate plus P1 per kilometer. Students, senior citizens and persons with disabilities will possibly pay only P10 plus P1 per kilometer. There may be a higher rate for premium rides.
Guardo further revealed that the proponents’ funders were ready to finance the 1 billion USD (roughly P50 Billion) needed to pay for land acquisition and right of way. According to him, the said project will be fully funded by private sources and pursued through the Public-Private Partnership scheme that will be likely channeled through Development Bank of the Philippines (DBP), a government financial institution.
In a previous report, Philtram president Arnold Ray Alagar said the proposed monorail transit system will not only be a traffic solution, but also a platform for urban development.