SANTA ANA, Cagayan: An estimated $1-billion research and development project for magnetic levitation (maglev) trains will soon rise at the Cagayan Economic Zone Authority (CEZA).
Sec. Raul Lambino, CEZA administrator and chief executive officer, said two Chinese firms have taken a significant step towards putting up the first manufacturing center in the country of the world’s fastest trains and expected to generate thousands of jobs for Filipinos.
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