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Philippine Invesment

THE NATIONAL Economic and Development Authority (NEDA) raised the project cost for the long-haul commuter line of the Philippine National Railways (PNR) by nearly double to buy more trains and build elevated tracks.

In a statement, the NEDA said that the Investment Coordination Committee-Cabinet Committee approved a P777.551-billion total project cost for the North-South Commuter Railway (NSCR), a 76.4% mark-up from P440.881 billion previously.

The railway system will combine the NSCR Phase 1 linking Malolos, Bulacan to Tutuban in Manila, the PNR South Commuter Railway from Solis to Calamba, Laguna, and the Malolos-Clark Railway Project. The project entails building a 147-kilometer stretch of an elevated, double-track railway with 36 stations.

These form part of the priority infrastructure projects under the “Build, Build, Build” program of the Duterte administration.

The approval was given during the committee meeting on Tuesday, Nov. 6.