Construction
The estimated construction cost for Phase 1 (with 21 stations) was revised in June 2011 from MOP 7.5 billion (about USD 933 million) to MOP 11 billion (about USD 1,370 million) including MOP 360 millions for studies, MOP 4.9 billion for the rolling stock and MOP 5.74 billion for the construction activities. The project will be financed by the Government of Macau and is scheduled to take about 48 months to complete. Construction of the Taipa section of Phase 1 started in late February 2012.
Six design packages have been awarded and the open tenders are expected to be published by October 2011, starting by the Taipa packages C250 and C260.
Read more about this topic: Macau Light Rail Transit
Famous quotes containing the word construction:
“No real “vital” character in fiction is altogether a conscious construction of the author. On the contrary, it may be a sort of parasitic growth upon the author’s personality, developing by internal necessity as much as by external addition.”
—T.S. (Thomas Stearns)
“When the leaders choose to make themselves bidders at an auction of popularity, their talents, in the construction of the state, will be of no service. They will become flatterers instead of legislators; the instruments, not the guides, of the people.”
—Edmund Burke (1729–1797)
“There is, I think, no point in the philosophy of progressive education which is sounder than its emphasis upon the importance of the participation of the learner in the formation of the purposes which direct his activities in the learning process, just as there is no defect in traditional education greater than its failure to secure the active cooperation of the pupil in construction of the purposes involved in his studying.”
—John Dewey (1859–1952)