MANILA, Philippines — The Division of Transportation (DOTr) signed a P142-billion contract with a Chinese language group to construct the primary section of the 565-kilometer Philippine Nationwide Railways (PNR) Bicol mission.
In an announcement on Tuesday, the DOTr mentioned the design-build contract for the China-funded mission was sealed with the enterprise of China Railway Group Ltd., China Railway No. 3 Engineering Group Co. Ltd., and China Railway Engineering Consulting Group Co. Ltd.
This may cowl the design, building, and electromechanical works of the primary 380-km stretch (Banlic, Calamba to Daraga, Albay) of PNR Bicol, which can hyperlink Metro Manila to the southern Luzon provinces of Sorsogon and Batangas.
“As soon as totally operational, it is going to minimize journey time between Metro Manila and Bicol from the present 12 hours by street to as quick as 4 hours,” the DOTr mentioned in an announcement on Tuesday.
In accordance with the DOTr, the contract with the Chinese language enterprise will cowl 4 provinces and 39 cities and municipalities. This may embrace the development of 23 stations, 230 bridges, 10 passenger tunnels, and a 70-hectare depot in San Pablo, Laguna.
The DOTr mentioned the PNR Bicol passenger trains will run at a velocity of as much as 160 km per hour, whereas freight trains will run at a velocity of as much as 100 km per hour.
In his official Fb account, Chinese language ambassador to the Philippines Huang Xilian referred to as the signing “one other milestone for China-Philippines cooperation and friendship.”
“The $2.8 billion railway, one of many flagship initiatives below President Duterte’s ‘Construct Construct Construct’ program, is up to now the highest-funded [government to government] mission between our two international locations,” he mentioned.
Aside from the PNR Bicol, often known as the PNR South Lengthy Haul, Chinese language loans are additionally being tapped for the Mindanao Railway mission and Subic Clark Railway.
China is the third-largest supply of official growth help loans for railway initiatives after Japan and the Asian Growth Financial institution, based on the federal government listing of flagship infrastructure initiatives.
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