A Malolos to Clark Railway System is expected to cut travel time down to one hour is underway after the Asian Development Bank (ADB) approved funds for the project.
ADB reported it approved $2.75 Billion to partially fund the North–South Commuter Railway (NSCR) project.
The ADB report released May 23 stated the financing is intended for the construction of 53.1 kilometers (km) of a passenger railway connecting Malolos to Clark economic zone and Clark International Airport in Central Luzon. The stretch is part of the NSCR, a 163-km suburban railway network from New Clark City in Tarlac to Calamba, Laguna.
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The new railway project is estimated to transport 342,000 passengers expected to travel daily along the Manila–Clark tracks.
ADB President Takehiko Nakao said of the project, “It will be ADB’s single largest infrastructure project financing ever, and from a development perspective, we are pleased this investment is taking place in ADB’s host country. The project, combined with other investments in light rail transit, metro rail transit, and subway systems, will bring back the culture of rail transport in Metro Manila.”
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The NSCR railway project is expected to be completed by 2025.
LOOKING FORWARD to the new Malolos-Clark railway system? TELL.US your expectations in the comments below.
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