Government to Tap Japanese Assistance for 3 Major Rail Projects

The government has taken up Japan’s $9-billion offer for financing and investments. It has asked for funding worth $8,8 billion for three major rail projects, with 11 more projects being lined up as well. The rail projects include the $1.9-billion rail extension to Clark in the north, the $2.7-billion commuter line to the south of Manila, and the $4.25-billion subway system in the capital region…

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