PH, ADB sign $1.3B loan for Malolos–Clark Railway Project

Finance Secretary Carlos Dominguez III and Asian Development Bank (ADB) Vice-President Ahmed M. Saeed signed on July 11 a $1.3-billion loan, the first tranche…

ADB approves $2.75B for Malolos-Clark Railway Project

The Asian Development Bank (ADB) has approved financing of up to $2.75 billion for the construction of 53.1 kilometers (km) of a passenger railway…

Construction cost of North-South Commuter Railway raised to P777B

The Investment Coordination Committee-Cabinet Committee (ICC-CabCom) approved on November 6 the change in scope and increase in cost of the North-South Commuter Railway (NSCR)…

NEDA’s ICC green-lights 3 rail projects

The Mindanao Railway Project’s (MRP) Tagum-Davao-Digos (TDD) segment and two other rail projects of the Department of Transportation (DOTr) were among the projects recently…