Global investors show interest in Philippine railway projects

The Department of Transportation (DOTr) announced on Wednesday that private companies from Singapore and other countries have expressed strong interest in investing in the Philippines’ railway sector.

This follows a market sounding event held in Singapore, organized jointly by DOTr, the Asian Development Bank (ADB), Infrastructure Asia, and the International Finance Corporation (IFC). The gathering highlighted public-private partnership (PPP) opportunities for three key projects: MRT3 Operations and Maintenance, LRT2 Rehabilitation and Operations, and Metro Manila Subway Operations and Maintenance.

Transportation Secretary Giovanni Lopez stated that efficient mass transit is essential for Filipinos’ quality of life. He added that partnering with the private sector will help deliver a modern and connected transport system aligned with the national leadership’s vision.

DOTr Railways Undersecretary Timothy John Batan noted that the Philippines has less railway coverage per population compared to other ASEAN countries. He explained that the high demand for mass transit in congested Metro Manila is clear, and the gap in infrastructure is due to limited investment and project delivery, not lack of need.

According to Batan, expanding railway infrastructure presents one of the largest infrastructure investment opportunities in Southeast Asia. The country is currently advancing major projects including the Metro Manila Subway, North-South Commuter Railway, and the 30-year Railway Master Plan supported by JICA and ADB.

Authorities emphasized that the Philippines is now entering a critical phase of railway development. They are inviting private enterprises to take part in building long-term sustainable transport infrastructure across the country.

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