Thursday, September 28, 2023
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
    • Young Life
  • Special Pages
    • Pets
    • Tech
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • On the Road
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Cravings
    • Environment & Sustainability
    • Agriculture
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
    • Gallery
      • Photos
      • Videos
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
    • Young Life
  • Special Pages
    • Pets
    • Tech
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • On the Road
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Cravings
    • Environment & Sustainability
    • Agriculture
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
    • Gallery
      • Photos
      • Videos
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home Business

DOTr signs $1.87b worth of contracts for south railway

Darwin G. AmojelarbyDarwin G. Amojelar
October 6, 2022, 7:30 pm
in Business, Transport & Tourism
Reading Time: 2 mins read
A A
Share on FacebookShare on TwitterShare on Email

The Department of Transportation on Thursday signed four civil works contracts amounting to $1.87 billion for the South Commuter Railway Project funded by the Asian Development Bank.

The first four contract packages will include the construction of 31.5 kilometers of railway viaducts, nine elevated stations and one railway depot covering the Muntinlupa to Calamba portion of SCRP. The project, which will lay nearly 55 kilometers of railway segment to connect Metro Manila with Laguna province, is being financed with $4.3 billion in loans approved by ADB.

It said it would award the remaining civil works contract packages soon covering the Manila (Blumentritt) to Muntinlupa portion of SCRP.

The ADB is also financing the construction of the Malolos–Clark Railway Project, which comprises the northern segment of the railway network.

Transportation Secretary Jaime Bautista said the ambitious $15.8-billion North-South Commuter Railway Project “will bring back the culture of rail transport in the Philippines.”

“Today is the next significant step in that direction,” Bautista said, adding that the project would elevate the country’s transportation system to global standards.

Bautista said the massive project would bring benefits to Filipinos once the project was completed, including the 110,000 direct and indirect jobs it would create.

“This railway will offer safe, affordable, convenient and comfortable transport to Filipinos, while accelerating the country’s economic rebound,” he said.

ADB deputy director general for Southeast Asia Winfried Wicklein said the project would open tremendous opportunities for economic integration across Metro Manila and neighboring provinces and create a significant positive impact on the local economy.

“It will strengthen the country’s economic recovery, create as many as 35,000 construction jobs and more than 3,000 permanent jobs during the railway operation and improve access for residents of Laguna province to employment in Metro Manila,” he said.

The SCR will connect to the future Metro Manila Subway system and be designed to withstand typhoons and earthquakes. Travel time between Manila and Calamba using the railway will be reduced by over half from 2.5 hours by road.

Co-financed by ADB and Japan International Cooperation Agency, the 147.26-kilometer NSCR project will stretch from Clark International Airport in Pampanga to Calamba City in Laguna, cutting across 28 cities and municipalities in Central Luzon, National Capital Region and CALABARZON.

The entire NSCR will have 35 stations, including three depots, and will run on 51 commuter train and seven express train sets.

Tags: ADBAsian Development BankDepartment of TransportationSouth Commuter Railway Project
ADVERTISEMENT
Darwin G. Amojelar

Darwin G. Amojelar

Related Posts

PSA deploys ‘PhilSys on Wheels’ to remote areas

byManila Standard Business
September 28, 2023, 11:37 am
0
8
PSA deploys ‘PhilSys on Wheels’ to remote areas

The Philippine Statistics Authority (PSA) said Thursday it is amplifying efforts to register Filipinos residing in far-flung areas to the...

Read more

PPP Code nears enactment

byManila Standard Business
September 28, 2023, 11:31 am
0
8
PPP Center pushing metro subway mode

The Public-Private Partnership (PPP) Center said Thursday it welcomes the ratification of the Bicameral Conference Committee Report on the disagreeing...

Read more

Finastra, Tonik renew digital banking tie-up in the Philippines

byManila Standard Business
September 28, 2023, 11:25 am
0
8
Neobank Tonik says deposits surpass P5b

Finastra renewed its partnership to power Tonik’s end-to-end core banking capabilities with Finastra Essence in the Philippines. Under the new...

Read more

DBM welcomes speedy House approval of 2024 budget

byJulito G. Rada
September 28, 2023, 11:21 am
0
8
DBM: ’22 budget can be modified for Omicron aid

The government is on track to achieving its development goals following the speedy approval of the 2024 General Appropriations Bill...

Read more

Deloitte acquires Philippines-based financial advisory firm Primeiro

byManila Standard Business
September 28, 2023, 9:59 am
0
8
Deloitte acquires Philippines-based financial advisory firm Primeiro

Global professional services group Deloitte acquired Philippines-based financial advisory firm Primeiro Partners (Primeiro) to establish and stamp its leadership in...

Read more

Meta putting AI in smart glasses, assistants and more

byAFP
September 28, 2023, 9:00 am
0
8
Meta putting AI in smart glasses, assistants and more

Meta chief Mark Zuckerberg on Wednesday said the tech giant is putting artificial intelligence into digital assistants and smart glasses...

Read more

Print Edition

View More

Recent Posts

  • Misamis Occidental Governor underscores peace and order as keys to progress
  • In divided US, women crisscross country for abortion care
  • Ukraine claims 30 drones downed in major Russian UAV attack
  • ‘Dame Time’ in Milwaukee as NBA Blazers trade Lillard to Bucks
  • BingoPlus welcomes new picks at PBA Season 48 Rookie Draft
  • Unleashing the Potential of Tomorrow: GPCCI Mabuhay Germany Event 2023 Set to Drive Innovation and Growth
  • Converge: Answering the call of digitalization
  • Blood drive draws 100 units at SM Camanava Malls

Advertisement

Latest News

Unleashing the Potential of Tomorrow: GPCCI Mabuhay Germany Event 2023 Set to Drive Innovation and Growth

byManila Standard
September 28, 2023, 12:38 pm
0
8
Unleashing the Potential of Tomorrow: GPCCI Mabuhay Germany Event 2023 Set to Drive Innovation and Growth

Build business ties, economic partnerships, and trade connections at the upcoming Mabuhay Germany 2023! Organized by the German-Philippine Chamber of...

Read more

Converge: Answering the call of digitalization

byManila Standard - Tech
September 28, 2023, 12:36 pm
0
8
Converge: Answering the call of digitalization

Converge CEO and Co-Founder Dennis Anthony Uy   “Digitalization is the call of today; not the call of the future—but...

Read more

Blood drive draws 100 units at SM Camanava Malls

byJun David
September 28, 2023, 12:34 pm
0
8
Blood drive draws 100 units at SM Camanava Malls

Over a hundred donors from SM Malls in Grand Central and Sangandaan in Caloocan and Valenzuela took part in the...

Read more

My data was reportedly leaked. What should I do? Kaspersky has tips for individuals and companies

byManila Standard - Tech
September 28, 2023, 12:32 pm
0
8
My data was reportedly leaked. What should I do? Kaspersky has tips for individuals and companies

Following the reported high-profile ransomware attack on a national government agency, Kaspersky is recommending some tips for individuals and companies...

Read more

byManila Standard - Tech
September 28, 2023, 12:30 pm
0
8

 According to Payoneer's SMB Ambitions Barometer, 61% of surveyed small and medium-sized businesses are planning to use artificial intelligence (AI)...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
    • Young Life
  • Pets
  • Tech
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Cravings
  • Environment & Sustainability
  • Agriculture
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Gallery
    • Photos
    • Videos
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App