Department of Transportation (Philippines)

Philippines Construction Equipment Rental Market Assessment & Forecasts 2024-2029: Flood Mitigation and Adaptation Projects, Infrastructure Flagship Projects Fueling Demand - ResearchAndMarkets.com

Retrieved on: 
Lunedì, Aprile 29, 2024

The Philippines construction equipment rental market was estimated at 175.9 million in 2023 and is expected to grow at a CAGR of 5.06% from 2023-2029.

Key Points: 
  • The Philippines construction equipment rental market was estimated at 175.9 million in 2023 and is expected to grow at a CAGR of 5.06% from 2023-2029.
  • Caterpillar, Komatsu, Volvo CE, Hitachi Construction Machinery, XCMG, and SANY are leaders in the Philippines construction equipment rental market.
  • JCB, Kubota, Kobelco, Zoom Lion, and Sumitomo Construction Machinery are emerging in the Philippines construction equipment rental market.
  • This effort targets improving national and communal irrigation systems to boost farmer productivity and profitability while driving demand for earthmoving machinery rentals in government-led projects in the Philippines construction equipment rental market.

LANDMARK AGREEMENT WITH FRANCISCO MOTORS TO ELECTRIFY JEEPNEYS IN THE PHILIPPINES

Retrieved on: 
Martedì, Settembre 26, 2023

Pursuant to the Agreement, Tembo will develop and supply electric utility vehicle (“EUV”) electrification kits for a new generation of electric jeepneys (“e-jeepneys”).

Key Points: 
  • Pursuant to the Agreement, Tembo will develop and supply electric utility vehicle (“EUV”) electrification kits for a new generation of electric jeepneys (“e-jeepneys”).
  • Francisco Motors and Tembo have already secured their first orders and have commenced work to deliver on these jeepneys.
  • One of the Philippines’ cultural icons, jeepneys are the most common utility vehicle in the Philippines and the main mode of public transportation in the country, accounting for just over 40% of public transportation.
  • Elmer Francisco, Chairman of Elmer Francisco Motor Corporation, said: “We are absolutely delighted to have signed this landmark deal with Tembo.

MHI: Continuation of Maintenance of Manila MRT-3 in the Philippines

Retrieved on: 
Mercoledì, Maggio 31, 2023

MRT-3 is an urban rail line that runs along Epifanio de los Santos Avenue (EDSA), one of Metro Manila's main highways.

Key Points: 
  • MRT-3 is an urban rail line that runs along Epifanio de los Santos Avenue (EDSA), one of Metro Manila's main highways.
  • Sumitomo Corporation and TESP were contracted to provide maintenance in 2000 when the MRT-3 went into full operation.
  • Upon request from DOTr, MHI Group and Sumitomo Corporation agreed on a new contract for rehabilitation and maintenance in 2019.
  • Even after the completion of the rehabilitation, the two companies continue to conduct maintenance to ensure that high operating rates are maintained.

MC Signs Integrated Railway Systems and Trackwork Contract for North-South Commuter Railway Extension Project in the Philippines

Retrieved on: 
Lunedì, Marzo 6, 2023

MC is responsible for designing, manufacturing and installing all the systems2 and will deliver them to DOTr for the extension project of the North-South Commuter Railway.

Key Points: 
  • MC is responsible for designing, manufacturing and installing all the systems2 and will deliver them to DOTr for the extension project of the North-South Commuter Railway.
  • The Philippines government is promoting a large-scale infrastructure development program called "Build, Better, More," in which the North-South Commuter Railway Extension Project is considered a core component.
  • By utilizing its railway business know-how, MC will help the Philippines to upgrade its transportation infrastructure and improve mobility for its people.
  • Furthermore, MC has plans to proactively engage in railway projects promoted by the Japanese government to export high-quality infrastructure.

MC Awarded Integrated Railway Systems and Trackwork Contract for Metro Manila Subway Project in the Philippines

Retrieved on: 
Lunedì, Febbraio 14, 2022

TOKYO, Feb 14, 2022 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that it has been awarded from the Philippines' Department of Transportation (DOTr) to deliver the integrated railway systems and trackwork for the Metro Manila Subway.

Key Points: 
  • TOKYO, Feb 14, 2022 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that it has been awarded from the Philippines' Department of Transportation (DOTr) to deliver the integrated railway systems and trackwork for the Metro Manila Subway.
  • It will also help to reduce traffic congestion and atmospheric pollution, both of which are particularly severe in Metro Manila.
  • The Philippines government is promoting an infrastructure development plan called "Build, Build, Build," in which the Metro Manila Subway is considered a priority project.
  • An extension of the existing lines and construction of new lines are also planned as future railway projects in the Philippines.

iProov and Eurostar Launch Trial to Provide Contactless Travel at London St Pancras International

Retrieved on: 
Lunedì, Dicembre 6, 2021
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20211205005029/en/
    iProov and Eurostar announce contactless travel trial is live at London St Pancras International (Photo: Business Wire)
    SmartCheck enables passengers to complete secure ticket verification and UK exit check on their mobile devices prior to travel.
  • On arrival at St Pancras International station, passengers proceed through a dedicated SmartCheck lane.
  • The brand new contactless travel technology from iProov and Eurostar is a window into the future of border control, of smoother, more seamless and convenient journeys.
  • Eurostar is the high-speed passenger service linking London St. Pancras International with city centre stations in mainland Europe, via the Channel Tunnel.