PROPERTY developer Filinvest Land Inc. has turned over a 6,000-square-meter property in Bicutan to the Department of Transportation (DOTr), paving the way for the construction of the Bicutan Station as part of the North-South Commuter Railway (NSCR) and Metro Manila Subway projects.
In a disclosure, Filinvest Land said the Bicutan station would serve as a key interchange of the two infrastructure projects, and that turnover of the property would allow the government to proceed with construction of the station.
Filinvest Land, the property arm of Filinvest Development Corp., said the Bicutan station formed part of the 147-kilometer NSCR project and would be integrated with the Metro Manila Subway through a track-sharing design.
The station is expected to provide a continuous rail connection from New Clark City in Capas, Tarlac, and Clark, Pampanga, to Calamba, Laguna, while linking commuters to Metro Manila’s subway network.
Filinvest Land also announced plans to build the Filinvest Pedestrian Link, an elevated and covered walkway designed to directly connect its adjacent 6.5-hectare property to the future station.
The planned elevated pedestrian bridge will be built over the East Service Road, complemented by a covered walkway leading to the station’s transport terminal.
“We believe that a progressive economy relies heavily on robust infrastructure,” Filinvest Land President and CEO Tristan Las Marias said.
“Our partnership with the DOTr for the Bicutan Station ... is a testament to Filinvest Land’s commitment to building the Filipino dream by providing efficient and convenient transportation connections to potential urban growth centers and nearby residential areas,” he added.
The 5.8-kilometer elevated railway segment covering the Bicutan and Sucat stations is targeted for completion by 2031 while full system operations are expected by 2033.
The project is expected to generate about 350,000 direct and indirect jobs during construction and operations, covering engineering, construction, railway operations, maintenance and commercial activities.
Once completed, the station is expected to serve around 1 million passengers daily.
Filinvest Land’s shares dropped a centavo, or 1.43 percent, to close at P0.69 each on Tuesday.