MERALCO subsidiary MRail Inc. said on Friday that it had signed a memorandum of understanding with the local government of Batangas to carry out a feasibility study on the extension of its freight train project from Calamba, Laguna to the Batangas International Port.

“The proposed MRail Freight Project, in partnership with government and private sector partners, offers the potential of helping spur economic growth in the province and providing more jobs to the people of Batangas,” MRail Chairman Oscar Reyes said in a statement.

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