Your daily dose of updates from Pinoys in Taiwan and Philippines

Subic-Clark Railway Project To Link The Biggest Freeport Zones In Central Luzon

The Subic-Clark Project which is part of North-South Commuter Railway or the PNR Luzon System Development Framework and falls under the Build Build Build program of the Duterte Administration. The main purpose of the railway is to provide cargo and freight service and will be available for commuters between the two regions.

The railway will link the two of the biggest economic zones in Luzon which are Clark Freeport Zone in Pampanga and the Subic Bay Freeport Zone in Subic. The linking of the two Freeport zones will help to decongest and lessen traffic in Manila.

Good railways and infrastructure within the regions will attract more investors and companies or firms to build inside the freeport zones. With the Subic Bay Port and Clark International Airport connected, this will be a big boost in the Philippine economy.

This will optimize and utilize more of the economic zones and is expected to shoot more development which is considered as Luzon’s new growth corridor. The railway project cost P50 billion and is 71km single track and will also be extended with additional 15km to the New Clark City.

Bases Conversion and Development Authority (BCDA) is in charge of the project which also the same company that manage the expansion of the Clark International Airport. It will be financed through Official Development Assistance (ODA) from China. The P40.26billion will be shouldered by Department of Transportation (DOTr) and P3.77billion by BCDA.

Firms are looking for partners in Southeast Asia and this project will help them ignite or have a second look with a Port and Airport linked to each other. This railway is projected to complete by the 4th quarter of 2022.

No comments:

Post a Comment

Popular Posts

Blog Archive