DOTr signs $1.87b worth of contracts for south railway

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The Department of Transportation on Thursday signed four civil works contracts amounting to $1.87 billion for the South Commuter Railway Project funded by the Asian Development Bank. READ:

The first four contract packages will include the construction of 31.5 kilometers of railway viaducts, nine elevated stations and one railway depot covering the Muntinlupa to Calamba portion of SCRP. The project, which will lay nearly 55 kilometers of railway segment to connect Metro Manila with Laguna province, is being financed with $4.3 billion in loans approved by ADB.

Transportation Secretary Jaime Bautista said the ambitious $15.8-billion North-South Commuter Railway Project “will bring back the culture of rail transport in the Philippines.”“Today is the next significant step in that direction,” Bautista said, adding that the project would elevate the country’s transportation system to global standards.

ADB deputy director general for Southeast Asia Winfried Wicklein said the project would open tremendous opportunities for economic integration across Metro Manila and neighboring provinces and create a significant positive impact on the local economy.

 

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