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09.02.2018

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Artikel Nummer: 21999

Philippines: green light for Subic-Clark railway


The Subic-Clark railway project will provide a railfreight connection between Subic Bay and the Clark Freeport Zone in the Philippines. A section of the country's national economic and development authority’s investment coordination committee has now approved the PHP 56.6 billion (EUR 0.92 billion) plan - one of President Duterte’s 75 flagship projects.

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The 71.13 km long rail connection aims to support the potential demand for freight services along the Subic-Clark corridor. The corridor is home to specialized industries like the textile, garments and consumer electronics factories in the Calabarzon region, the prime agricultural production regions to the south and north of Manila, as well as port related industries in Batangas.

 

source link The corridor now accounts for 80% of country's national cargo throughput and about half of the annual economic output. The Subic-Clark project is targeted for completion by April 2021. (ben)

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