Efficient mass transport is proving to be more vital to a
country's social mobility and economy. As the government makes a
major investment in infrastructure through the Build, Build, Build
program, better transport systems such as the Mega Manila Subway
pose greater impacts to the Philippine economy and urbanity.
One of its pioneering projects, the Mega Manila Subway is
currently underway and is well-received to become a
complimenting transport system for Makati's own intracity subway
system. The subway is expected to provide easier commute that
will result in less stress and save more time for the riders.
Philippine Statistics Authority data shows that Filipinos are
generally reliant towards existing railways. In 2013 alone, the
train systems in the country have serviced a total of 19,957,604
passengers. This level of patronage resulted in 234,289,292 million
However, the advantages of having a subway system go beyond
shortening travel time and reducing traffic congestion in the
metropolitan. It is proving to be essential to the economic and
social quality of life of the citizens.
The study shows that in the 21st-century society,
there are more health, economic and technological benefits in
countries serviced by subways.
- Revitalizes business districts
Efficient modes of transportation can enhance business prospects
since higher capital investments in public transportation results
in higher business sales. Investing in public transportation have
higher returns, and is attractive in terms of sustaining employment
and boosting economic revenue.
- Tap into a larger workforce
Efficiency in mass transport is good for workers and produces
more jobs in all industries. This will greatly impact in creating
and maintaining more jobs in manufacturing, finance, insurance,
retail, trade, construction, and real estate.
In the same US study, employee reliability and less absenteeism
were observed in offices near public transportation or terminals.
Strategically locating near subway stations can give companies
greater access to the workforce.
In terms of valuation, locating your property near public
transportation increases its value. Estates accessible to mass
transport attract more residents, visitors, businesses, shoppers,
and other employers that will help enhance the community and
promote higher returns. Residential properties in these
advantageous locations also enjoy price premiums consistently.
Competent public transport increases individual savings
significantly. Individuals who rely on these modes of
transportation spend less as there is no need to pay for
ride-sharing services or private vehicles that require gas or
frequent car maintenance.
- Better urban and rural integration
A good public transportation system also removes the limitations
when it comes to mobility in the country. It is an easier mode of
transporting good and services. Moreover, workers can finally
experience transit convenience which is a major factor in choosing
or deciding on city-based jobs.
Most subways and other railway systems now run on electricity.
This lessens the use of non-renewable energy resources and reduces
oil dependence brought on by automobiles. This is a nod towards
environmental conservation since it also decreases pollution in the
highly-urbanized cities like Metro Manila.
- Critical transport for emergencies and disasters
Given railway systems' ability to transport a large number of
people at a time, it proves to be a critical risk reduction or
response tool. It can transport crowds quicker and in bulk that can
be quite useful in disaster- or emergency-prone states like the
Productivity increase is also expected as people spend less time
on the road or commuting. Subways are expected to reduce congestion
and significantly cut the travel time. According to the Texas
Transportation Institute report, "public transportation services in
America's most congested cities saved travelers 1.1 billion hours
of added travel time."
The expected boom in CBD markets is forecasted as the Mega
Manila Subway routes pass by key central business districts in the
country. Majority of the 18 subway stations are located near BGC,
Makati, Quezon City, and Ortigas.
If you are looking for any spaces in these locations, you may
contact us at 403-5519 or send an email to email@example.com.