MANILA - San Miguel Corp. has no plans to get a new partner for the $1.6 billion Metro Rail Transit-Line 7 (MRT-7) project, company president and chief operating officer Ramon Ang said on Thursday.

San Miguel earlier acquired 100-percent control of the mass railway project by buying out shares of Universal LRT Corp. BVI and businessman Salvador Zamora II for $100 million.

San Miguel acquired Zamora's shares on the condition that it will not sell them, Ang said.

"We are have an agreement that we will not sell or flip the shares," he said.

In November 2010, San Miguel acquired a 51 percent equity interest in Universal LRT.

San Miguel broke ground for the MRT-7 project in April this year.

The project involves the construction of a 23-kilometer mass railway system linking San Jose del Monte in Bulacan to North Avenue in Quezon City. It is expected to be completed in three to four years.