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Government vows to implement MRP Phase 1 despite withdrawal of China s funding commitment

The Department of Transportation (DOTr) has decided to proceed with the long-delayed Mindanao Railway Project (MRP) despite the recent withdrawal of financial commitment from China. Transportation Secretary Jaime J. Bautista said the government is determined to pursue the first phase of the MRP, as it seeks alternative funding sources. He…

The good, bad news from unfunded China projects

THE cancellation of three massive railway projects due to a financial tussle between the governments of the Philippines and China may prove to be both good news and bad news for commuters and the economy. Experts interviewed by the BusinessMirror gave mixed responses, with one camp saying that the Philippines…

Construction of longest PNR line to start in Q1 of 2022

After signing a P142-billion contract package for the Philippine National Railways (PNR) Bicol Project early this week, the country’s Transportation department said that work for what is touted as the longest PNR line will start within this first quarter of the year.

DOTr eyes DOF loan facilitation for P142-B Bicol railway project

After signing a P142-billion contract package for the Philippine National Railways (PNR) Bicol Project this week, the Department of Transportation (DOTr) is now coordinating with the Department of Finance (DOF) for the facilitation of the official development assistance (ODA) package to fund the said deal. The agency tapped the joint…

DOTr eyes partial operability segment of PNR Bicol in 2022

Partial operability of a segment of the Philippine National Railway's (PNR) Bicol Project is expected to begin in the second quarter of 2022, the Department of Transportation (DOTr) said. PNR123 Transportation Secretary Arthur P. Tugade said the Department and its attached agency, the PNR, is ey

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