P285-Billion Manila Bicol Railway Project Up for Pres. Duterte's Approval


President Rody Duterte will have it's final say in the highly anticipated P285-billion south line of the North-South Railway Project (NSRP) or more popularly known as the Manila-Bicol Railway Project. It's up to the President if he will approve the project according to the National Economic and Development Authority (NEDA).


The NSRP's south line project will be financed through official development assistance (ODA), as the project "will revive the Philippine National Railways (PNR) South Railway," NEDA said in a statement.

NEDA also confirmed through Socioeconomic Planning Secretary and NEDA Chief Ernesto Pernia that the Japanese government would finance the Manila-Bicol Railway Project or the NSRPs' south line.


The NSRP south line will have three tracks: a 72-kilometer commuter line from Tutuban in Manila to Los Baños in Laguna; a 581-kilometer long-haul line from Los Baños to Sorsogon; and a connecting third track terminating at the Port of Manila via the FTI complex in Taguig City.

The NSRP’s south line was one of the three railway projects approved by the interagency NEDA-Investment Coordination Committee (ICC) during the joint technical board and Cabinet Committee meeting last June 1.


According to NEDA they will present a total of three major infrastructure projects for Pres. Duterte's approval. The projects include the 102.28-km. Mindanao Railway Project's Tagum-Davao-Digos segment (to cost P35.26 billion), and the P211.43-billion Malolos-Clark Railway Project. These projects were tentatively scheduled to be pitched to Pres. Duterte for his approval on June 26.

NEDA also noted that the first first phase of the Mindanao Railway Project running through the Davao provinces will be financed under the national budget of Pres. Duterte, while the Malolos-Clark Railway Project will be funded by Japan.

Source: PIA



P285-Billion Manila Bicol Railway Project Up for Pres. Duterte's Approval P285-Billion Manila Bicol Railway Project Up for Pres. Duterte's Approval Reviewed by Phil Newsome on 6/08/2017 Rating: 5

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