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:
“There’s no art
To find the mind’s construction in the face.”
—William Shakespeare (1564–1616)
“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)
“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)