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philippines

ADB-Funded Malolos–Clark Railway Project was awarded with contracts worth $1.7 bln

5 mins read

The FINANCIAL — Construction of the Malolos–Clark Railway Project, a flagship Philippine project funded by the Asian Development Bank (ADB), is expected to begin soon, following the signing of three civil works contracts worth more than $1.7 billion. The signing ceremony today was hosted by the Philippines’ Department of Transportation (DOTr), which has so far awarded five civil works contracts for the project totaling $2.5 billion. The first two contracts were signed on 1 August 2020. The project, part of the government’s “Build, Build, Build” infrastructure program, will construct a safe, affordable, reliable, and environment-friendly elevated railway connecting the northern provinces and…

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ADB-Funded Malolos–Clark Railway Project was awarded with contracts worth $1.7 bln

5 mins read

The FINANCIAL — Construction of the Malolos–Clark Railway Project, a flagship Philippine project funded by the Asian Development Bank (ADB), is expected to begin soon, following the signing of three civil works contracts worth more than $1.7 billion. The signing ceremony today was hosted by the Philippines’ Department of Transportation (DOTr), which has so far…