Listed Philippine holding firm DM Consunji Inc (DMCI) nailed a construction contract of the Light Rail Transit Line 2 (LRT-2) system in Manila with a winning bid of $51.5 million (P2.27 billion).
The Department of Transportation and Communications (DOTC) awarded on Tuesday the contract to DMCI to undertake the construction of a 3.9-kilometer elevated guideway for the LRT-2 East Extension, stretching from the railway’s current end-station in Santolan in Pasig City to Masinag in Cainta, Rizal province.
