Philippine Infradev Inks JV Agreement with Makati Gov’t

Philippine Infradev Holdings Inc. (PSE: IRC) and the Makati City Government have signed the joint venture agreement in connection with the Makati Subway Project today.

The Makati Intra-city Subway Line 5 is an 11-kilometer proposed underground rapid transit line to be located in Makati, Metro Manila, that will link establishments across the city’s business district.