Government Approves Airport And Rail Projects
News: The Philippine government approved the proposed Bicol International Airport development project and the extension of the Light Rail Transit (LRT) Line 1. The PHP4.7bn (US$104.81mn) airport project will be developed in Albay province. The airport project is expected to be completed in 2016. The PHP1.4bn (US$31.22mn) LRT project will connect the Metro Rail Transit (MRT) North Avenue Station with the LRT 1 Roosevelt station. The rail project will also provide a common station connecting the MRT and LRT to facilitate passenger transfer.