The Investment Coordination Committee – Cabinet Committee (ICC-CC) has approved four major public investment projects spanning sectors that touch the daily lives of millions of Filipinos — from commuters and jobseekers to households, businesses, and communities vulnerable to natural disasters, the Department of Finance (DOF) said Monday.

The approvals cover the LRT 1 South Extension Common Station, the TESDA Boosting Employability in Strategic TVET Sectors project, the Philippine Geothermal Resource Derisking Facility, and the Philippine Seismic Risk Reduction and Resilience Project.

All four projects will be elevated to the Economy and Development (ED) Council, chaired by President Ferdinand Marcos Jr., for final approval.

“Rail projects give people back their time. A seamless connection between LRT-1, MRT-3, MRT-7, and the Subway means shorter commutes, more hours with family, and workers who can reach more opportunities across the city. The ICC process exists to make sure every project we endorse delivers real outcomes for Filipinos,” said Finance Secretary and ICC-CC Chair Frederick Go.

The ICC-CC approval of the LRT 1 Common Station clears the path for construction of the Unified Grand Central Station along North Avenue, Quezon City — a transit hub that will link LRT-1, MRT-3, the incoming MRT-7 and the Metro Manila Subway under a single, seamless roof.

Serving an estimated 1.28 million passengers daily, the Common Station will save commuters time and money while unlocking the full value of the country’s expanding rail network. Department of Finance