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Why Communities Outside the Metro Are Becoming a More Priced Investment During a Crisis

Why Communities Outside the Metro Are Becoming a More Priced Investment During a Crisis
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ADB Prepares Financial Support for PNR Calamba Railway

The Asian Development Bank (ADB) is preparing financial support for the Philippine National Railways’ (PNR) Php 345-billion Calamba railway project. This comes immediately after the project attracted a record-high number of bids early this month, as reported by the Philippine News Agency. Its contract package included viaduct structures, elevated stations, and a 22-hectare train depot. A total of 34 bids for the contract package came from 23 local and international engineering and construction firms.  Funding for the development’s 40.5-kilometer viaduct structures, also known as the South Commuter Railway Project, is set for “consideration” by ADB’s board in the fourth quarter, according to an article published by Manila Bulletin. 

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