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DOTR to cancel rail-project deal with Chinese firms

THE Department of Transportation (DOTr) plans to terminate the P141.79-billion Philippine National Railways (PNR) South Long-Haul deal that it signed with a Chinese consortium, following the loss of funding source for the said project. Transportation Secretary Jaime J. Bautista told reporters last Monday that the DOTr will likely break off…
South Korea Jaimej Bautista Ella Kristina Domingo Coronel Engineering Group Co Economic Journalists Association Of The Philippines China Railway Group Ltd

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Jakarta-Bandung HSR, landmark BRI project, starts official operation

The Jakarta-Bandung High-Speed Railway (HSR), the first HSR in Indonesia and Southeast Asia, and a landmark project under the China-proposed Belt and Road Initiative (BRI), began official operation on Tuesday, according to China State Railway Group Co. The official operation was jointly announced by the top leaders of China and Indonesia following their meeting on Tuesday, the Xinhua News Agency reported.
Jawa Barat West Java Jakarta Raya Joko Widodo Wang Yiwei Engineering Group Co

Top firms urged to help revive 'Bicol Express' | Jovee Marie de la Cruz

A lawmaker on Wednesday urged the country’s corporate giants—San Miguel Corp. (SMC), Ayala Corp., and Metro Pacific Investments Corp. (MPIC)—to help fund the revival of the “Bicol Express” or the proposed Philippine National Railways (PNR) South Long Haul Project. Bicol Saro Partylist Rep.  Brian Raymund Yamsuan said private investors can…
Ninoy Aquino International Airport Camarines Sur Brian Raymund Yamsuan Ferdinand Marcos Jr China Railway No Economic Development

Chinese PSCs in Sub-Saharan Africa: The Case of Anglophone Africa

Executive Summary China`s strategic interests in Sub-Saharan Africa are diverse and, while still being primarily guided by the need to maintain access to locally extracted raw materials, now go beyond this goal. In fact, growing investments in infrastructure, manufacturing and green energy are likely to see greater involvement from Chinese state-owned enterprises in Africa. This will undoubtedly demand a greater …
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