(ABS-CBN)
he Philippines is inching closer towards having its first subway system.
The Department of Transportation (DOTr) unveiled on Friday morning a part of a tunnel boring machine, the head cutter that is crucial to the construction of the Metro Manila subway, which is planned to begin partial operations by the end of the year.
The $350-billion project is eyed to be completed in 2025. Some 85 percent of the cost was loaned from Japan, expected to be paid in up to 40 years, with a 12-year grace period and 0.1 percent interest.
