The Economy and Development (ED) Council, which operates under the Department of Economy, Planning and Development (DEPDev) has given the green light to amendments covering the North-South Commuter Railway (NSCR) Operations and Maintenance (O&M) deal and the Mactan-Cebu International Airport (MCIA) public-private partnership (PPP) project, alongside adjustments to three major development programs and a review of class suspension rules.
The Department of Transportation (DOTr) held a groundbreaking ceremony Wednesday for the Ninoy Aquino International Airport (NAIA) Terminal 3 Station, a critical piece of the Metro Manila Subway Project (MMSP). This facility falls under Contract Package 109 (CP109), a civil works agreement covering one underground station and associated tunnels spanning 2.413 kilometers between Taguig City and Pasay City.
The government’s push to revamp the public transport system has gained strong momentum after around 30 local and international companies expressed keen interest in joining the nation's major railway projects. The strong turnout at a recent market engagement conference held at the Asian Development Bank headquarters in Manila signals robust private sector interest in the country's transport modernization pipeline.
Logistics firm 2Go Group Inc. partnered with SMX Convention Center, Central Business Park, and SM Estates to roll out a unified permit and logistics facilitation system at SMX and Mall of Asia Complex, formalized via MOU Tuesday.
Toyota Motor Philippines Corp. (TMP) is prepared to make additional investments in the locally produced Tamaraw if needed to qualify under the government’s Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program.