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» » » Mindanao Railway has been projected for construction by the fourth quarter or early 2018


Tuesday, June 27, 2017 0


The Mindanao Railway has been projected for construction by the fourth quarter or early 2018 -- will connect Tagum-Davao City-Digos over a 105-km segment of the planned 2,000-km Mindanao Railway which will connect other key cities in Mindanao such as Butuan, Cagayan de Oro, General Santos, Iligan, Surigao and Zamboanga. The first phase is estimated to cost P31.544 billion.

In January, the cabinet’s economic team, including the Transportation and Public Works Secretaries, met with Chinese officials in Beijing regarding government-to-government projects which included flagship infrastructure projects such as the PNR South Line and the Mindanao Railway.

The government, which has made infrastructure its priority, has said it will reduce the use of public-private partnership (PPP) procurement which it says takes too long to implement. Instead, it prefers projects to be funded internally or through ODA or a mixture of these modes.

Source

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