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 construction stiff working overtime takes more stress and straining than we did just to stay high.”
—Gus Van Sant, U.S. screenwriter and director, and Dan Yost. Bob Hughes (Matt Dillon)
“There’s no art
To find the mind’s construction in the face:
He was a gentleman on whom I built
An absolute trust.”
—William Shakespeare (1564–1616)
“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)