Japan pledges $2B for PH biggest rail project

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Japan has pledged a $2-billion loan package for the construction of the country’s biggest railway project.

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Foreign Secretary Albert del Rosario received the pledge — the largest development assistance given by Japan so far to a partner — during a meeting with Japan State Minister for Foreign Affairs Minoru Kiuchi at the sidelines of the regional meeting of Southeast Asian ministers in Kuala Lumpur on Wednesday.

The loan package is earmarked for the first phase of the North-South Commuter Rail (NSCR) Project, a 36.7-kilometer elevated railway from Malolos, Bulacan to Tutuban, Manila.

The loan aid, the DFA said, follows the commitment of the Japanese government in firming up its cooperation with the Philippines for the rail project as part of both nations “Cooperation Roadmap for Quality Infrastructure Development in the Transport Sector in Metropolitan Manila Area,” which was agreed upon during President Benigno Aquino 3rd’s State Visit to Japan in June this year.

Construction of the rail project is expected to start in 2017 and will be operational in 2020.

The train system is expected to transport 340,000 passengers daily.

Malacanang on Thursday welcomed the loan pledge, saying it will be “a boon to our on-going efforts to improve and modernize our public transport system.”

“The ODA package is a firm testament to the robust bilateral relations between the Philippines and Japan and affirms the confidence and support of the Japanese government to the reforms undertaken by the Aquino administration,” Presidential Communications Secretary Herminio Coloma Jr. said.

The Palace official also expressed appreciation for Japan’s continuing support for the Min¬danao Peace Process including through the Japan-Bangsa¬moro Initiative for Reconstruction Development (J-BIRD II) project.

The project was launched in 2006 to pursue Japan’s commitment to the peace process between the government and the Moro Islamic Liberation Front.

Under this program are dozens of grassroots and development projects in Mindanao.

“Japan has been a valuable partner of the Philippine government in promoting lasting peace and Mindanao. . . The Aquino administration shall continue to work closely with Japan to advance initiatives on the areas of maritime security,” Coloma said.

WITH PNA

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5 Comments

  1. Puro kayo reclamo, pasalamat na lang sa blessing.The guy cancelled the anomalous transaction by GMA with Chinese government. Is it not enough to say that this guy you curse wanted to eliminate corruption. Palibhasa wala kayong strong evidence to prove your allegation.

    Dont anyhow complain, masyado kayong matuwid. Kayo ba ay susmusunod sa batas?, ng trapico?nagbabayad ba kayo ng tax, nagbibigay ba kayo ng suhol sa pulis pag kayo ay nahuhuli. Nagsasabi ba kayo ng totoo sa inyong sarili at sa inyong kapwa, gumagalang ba kayo sa nakatatanda.Tumutulong ba kayo sa mahirap, nagsisimba ba kayo tuwing linggo, inaalagaan ba ninyo and inyong mga anak at asawa, binibigayn ninyo ba sila ng sapat na panahon.

    Kundi hindi ninyo nagagawa ito,pagisipan ninyo bago kayo maghusga at magreklamo sa iba

    Bago kayo humusga sa iba, husgahan muna ninyo ang inyong sarili at pamumuhay at iboto ninyo and tao na karapatdapat. Huwag ninyong ibenta ang boto nyo.

  2. He is the very stupid President of the Philippines ever had.. Favors only the makati businessman neglect the countryside for development.
    GOD SAVE PHILIPPINES FROM HIS MANIAC LUNATIC GOVERNMENT BY BS AQUINOE 3RD.

  3. This debt will not solve the transportation problem of the Philippines. In fact, this is again an avenue for the corrupt officials to make more money. Why I say this? I thinks it’s time now for our leaders to just not concentrate in Metro Manila or/and Luzon. Try to distribute the resources to all parts of the country. Develop infrastructure to other parts of the country. With this, you distribute the urban areas and people will not just come to Metro Manila or Luzon but also Mindanao and Visays. The bad thing is our President only seems to be the President of Metro Manila or Luzon and Mindanao is abandoned. Unless, our leaders will change their line of thinking the crowded Metro Manila transportation will continue t be a problem.

  4. Dong Malonga on

    If this materialize, I sincerely hope that not a cent will be pocketed by DOTC! I also hope that it will not be mismanaged as was the case with MRT3 by current DOTC. God bless the Philippines! God bless the train commuters!

  5. willie macawili on

    The railroad system in Panay Island should be rehabilitated, modernized and extended to serve major towns and cities of the four provinces to promote commerce, tourism and business. Our government is so biased in developing the NCR area, sacrificing all other areas of the country. Spreading the economic center to other regions will ease the congestion and crowding in MetroManila area.