Philippine Transportation Secretary Jaime Bautista said Manila is working with other countries for financial assistance but did not provide further details.
A member of the House Committee on Flagship Programs and Projects sees the Japan International Cooperation Agency (JICA) as a promising alternative funding source for the ambitious Mindanao Railways Project (MRP) following the Philippines’s decision to withdraw from loan negotiations with China. Surigao del Sur Rep. Johnny T. Pimentel believes that Japan, through the JICA,
EVEN after the Department of Transportation (DOTr) abandoned China as a funding source for the project, a lawmaker remains upbeat over the revival and modernization of the Bicol Express rail line under the Marcos administration. Bicol Saro Partylist Rep. Brian Raymund S. Yamsuan said the clear sign of the President’s commitment to rejuvenating the Bicol
A LAWMAKER is optimistic that the revival and modernization of the Philippine National Railways South Long Haul rail line will continue during the administration of President Ferdinand Marcos Jr. even if the Department of Transportation (DoTr) has dropped China as a funding source for the project.
THE dropping of several key infrastructure projects that would have been funded by China represents an opportunity loss to the Philippines, the Senate Ways and Means committee chief believes. And Sen. Sherwin T. Gatchalian believes the better terms from other Official Development Assistance (ODA) sources balance out the loss and actually benefit the country. The