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Philippine launches ambitious railway development plan

Philippine launches ambitious railway development plan
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Philippine Railway Development Plan: 'Key to economic progress'

Government launches ambitious plan to modernize and expand railway networks nationwide Manila: In a bid to alleviate the Philippine economy, reduce traffic congestion, enhance connectivity, reduce carbon emissions, and enhance food security across the archipelago, the Philippines has announced an unprecedented railway development plan. Spearheaded by President Ferdinand Marcos, Jr.… ....

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Recto: PPP, ODA being eyed for Mindanao rail funding | Reine Juvierre Alberto

THE Department of Finance (DOF) is looking to finance the long-pending Mindanao Railway Project (MRP) through Public-Private Partnerships (PPP) and official development assistance (ODA). Finance Secretary Ralph G. Recto told the BusinessMirror on Monday that his initial plan to procure the MRP through a PPP is still on the table.… ....

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