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Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

₱778 Billion Railway 95 KM Connecting Connecting Manila to Clark will open on 2022

₱821 Billion Railway 95 KM Connecting Connecting Manila to Clark will open on 2022

 

Philippines awards final two contracts for Malolos – Clark line

PHILIPPINE National Railways (PNR) and the Philippines Department of Transportation (DOTr) have awarded the two remaining construction contracts for the 53km Malolos – Clark section of its North-South Commuter Railway (NSCR) project.

The contracts, designated packages 2 and 3, cover a total of 28 km of viaduct and six stations in the northern province of Pampanga, and have a combined value of ₱56.47 billion Php ($1.17 billion US Dollars ).

Package 2, worth ₱ 33.7 illion Php, was awarded to a joint venture of Acciona Construction Philippines and Daelim Industrial, and covers the construction of 16km of viaduct and stations in Minalin, Santo Tomas and San Fernando.

Package 3, worth ₱22.77 billion Php, was awarded to Italian-Thai Development, and covers the construction of 12km of viaduct and stations in San Fernando, Angeles and Mabalacat.

The contracts are the last two of five packages for the section. Package 1 was awarded to a Hyundai-led consortium on September 18, and Packages 4 and 5 were awarded on August 1. Package 4 was awarded to a partnership of EEI and Acciona, and 5 to Posco, Korea.

Construction on the Malolos – Clark line is scheduled to begin in November, with the section currently expected to begin partial operation in 2022. When completed, the new railway will connect Malolos, Bulacan, to Clark International Airport in Mabalacat, offering end-to-end journey times of 30-35 minutes, compared with journey of 1h 30min.

The section is part of the larger 148km NSCR project, which is expected to cost around ₱777.55 billion, and is co-financed by the Asian Development Bank (ADB) and the Japanese International Cooperation Agency (Jica).

Philippines awards contract for Malolos – Clark project

$573 million US Dollars contract to construct a section of the Malolos – Clark Railway project was ararded to a Hyundai-led consortium.

The Package 1 contract, which was awarded on September 18, covers the construction of 17km of viaduct northwest of Manila, and two elevated stations in Calumpit and Apalit.  

The consortium, led by Hyundai Engineering and Construction, which holds a 57.5% controlling share, also comprises Dong-ah Geological Engineering, Korea, and Megawide Construction, Philippines.

The contract is part of the planned 53km Malolos – Clark Railway, which will connect Malolos, a city north of Manila, with Clark International Airport and economic zone.

Package 1 follows the awarding of contracts for Package 4 to a partnership of EEI and Acciona Construction Philippines, and Package 5 to Posco, Korea. The contracts cover the construction of 6.3km of main line and 1.6km of depot access line, as well as Clark airport station, a depot at Mabalacat, an operations control centre (OCC) and other buildings.

Contracts for two packages have yet to be awarded. These are:

* Package 2, which covers construction of 16km including San Fernando station, and

* Package 3, which covers 12km of line including Angeles station.

Malolos – Clark is the second of three phases in the country’s broader 148km North-South Commuter Railway (NSCR) project, which will run between New Clark City, Pampanga, and Calambra, Laguna and cost around ₱777.55 billion ($15.8 billion US Dollars) when completed.

The NSCR is currently scheduled for completion is 2025, and is intended to reduce congestion across the Manila metropolitan area.

The project is partially funded through financial support from the Asian Development Bank (ADB) and the Japanese International Cooperation Agency (Jica). Read more from Rail journal page 1 and two 


Malaysia inspects North Korean coal ship for possible U.N. sanctions breach

North Korean Cargo Ship KUM YA formerly named lucky star 7

North Korean Cargo Ship "KUM YA" (former Lucky Star 7)

By James Pearson, Rozanna Latiff and Tom AllardKUALA LUMPUR, March 29 

(Reuters) - Malaysia briefly prevented a North Korean ship carrying coal from entering its port in Penang because of a suspected breach of United Nations sanctions, a port worker and Malaysian maritime officials told Reuters on Wednesday

The KUM YA (Formerly Lucky Star 7) was carrying 6,300 metric tons of anthracite coal, according to a worker at Penang Port who spoke to Reuters on condition of anonymity. It was later allowed to dock, where an inspection team accompanied by an armed escort boarded the ship.
 
A December 2016U.N. Security Council resolution placed a cap on exports of North Korean coal, and urged member states to apply extra scrutiny on North Korean ships.

Production of coal in North Korea is state-controlled and its exports are a key source of hard currency for the isolated country's banned nuclear and ballistic missile programs.
 
Relations between North Korea and Malaysia, which have been friendly for decades, have soured following the February assassination of North Korean leader Kim Jong Un's half-brother at Kuala Lumpur International Airport.
 
The North Korean ship had been initially prevented from entering Penang Port due to a possible breach of U.N. sanctions, MMEA deputy director-general of operations Zulkifli Abu Bakar, told Reuters without offering further details.
 
It was unclear what the inspectors were checking on. The United Nations in its annual reports on how members have complied with sanctions have cited a number of instances over the past decade in which North Korean missile parts and coal connected to sanctioned entities were trans-shipped through Malaysia.
 
Malaysia is one of the few countries in the world which buys North Korean coal, with China by far the biggest importer.

LUCKY STAR
 
The KUM YA was recently re-flagged as a North Korean ship, changing its name from Lucky Star 7 in November last year, according to the Equasis shipping database.
 
 It was registered on Feb. 13 to North Korean shipping company Sonchonggang Water Transport, according to copies of the ship's registration documents, which were issued by North Korea'sMaritime Administration, and seen by Reuters.
 
The ship was carrying 20 crew members, and was scheduled to sail onto Singapore, the port worker said.
 
The ship listed its port of origin as Busan, South Korea. However, shipping data in Thomson Reuters Eikon shows the cargo was loaded at the Huaneng Shandong Power Station Weihai, a coal-fired power plant. It then sailed to Penang through the South China Sea and the Malacca Strait, the data shows.

Null
Source: (http://tmsnrt.rs/2ofxNXe)
 
China halted all coal imports from North Korea starting on Feb. 26, amid growing tensions on the Korean Peninsula following one of a series of Pyongyang's missile tests.
 
Malaysia's foreign ministry told officials at Penang Port not to let the ship dock before an inspection team had it "declared safe," the port worker said.
 
The Malaysian Maritime Enforcement Agency (MMEA) confirmed the ship had been stopped following instructions from Malaysia's foreign ministry, which did not immediately respond to requests for comment.
 
 "Many North Korean ships call on our ports and we never had problems. Just over the recent months, there have been problems," the port worker told Reuters. "We have never received directives to stop North Korean ships before."

NOT CONFISCATED
 
The KUM YA was first stopped at sea before being allowed to dock in port where it was immediately cordoned off, the port worker said.
 
 "Minerals and Geoscience Department officials were then called to inspect the cargo on board. The department officers were told to confirm it was indeed coal on board," the port worker said.
 
The coal was being unloaded on Wednesday afternoon and has not been confiscated, the port worker said.
 
Since 2011, Malaysia has imported over 2 million metric tons of coal a year, according to government statistics, which are not broken down by country of origin.
 
The KUM YA shipment was handled by Malaysian freight forwarding company Alim Maritime Sdn Bhd, the port worker said. An Alim Maritime official reached by telephone declined to comment.
 
The KUM YA can hold up to 6,843 metric tonnes of cargo, according to Equasis, meaning it was 92 percent full when it arrived in Penang.

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