A lawmaker on Wednesday urged the country’s corporate giants San Miguel Corp. (SMC), Ayala Corp., and Metro Pacific Investments Corp. (MPIC) to help fund the revival of the “Bicol Express” or the proposed Philippine National Railways (PNR) South Long Haul Project. Bicol Saro Partylist Rep. Brian Raymund Yamsuan said private investors can…
China flakes out of railway projects philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
One of the main headaches that planners of the Panay Railways revival face is the need to relocate or compensate residents using the company's lands in hundreds of barangays stretching more than 100 kilometers
Camarines Sur 2nd district Rep. LRay Villafuerte hopes that the Marcos administration's commitment to continue the previous leadership's infrastructure modernization program would involve the completion of two flagship transportation projects in his home region of Bicol.
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The Department of Transportation (DOTr) is "open to other sources of funding" although Transport Secretary Jaime J. Bautista has recently agreed to re-negotiate Chinese financing for major transport projects.
"We are not limiting our options to China. We want to have different options. We are