ADB Approves $2.75 Billion Support for Malolos–Clark Railway Project

ADB Approves $2.75 Billion Support for Malolos–Clark Railway Project

Malolos-Clark Railway project get underway, and this is because of President Rodrigo Roa Duterte’s BUILD BUIL BUILD infrastructure project.
In a historic first the Asian Development Bank has approved a financing up to $2.75 billion 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 project is just a part of the North–South Commuter Railway (NSCR) project by the government, it’s a 163-km suburban railway network stretching from New Clark City in Tarlac province in the north to Calamba in Laguna province in the south of Manila.
Artist rendition of Malolos–Clark Railway Project.  (Photo courtesy of JICA.)

The North–South Commuter Railway (NSCR) project s expected to be finish and completed by 2025.
Upon completion of the Malolos-Clark Railway Project it is expected to:
-      provide safe, reliable, and affordable public transport for a total of about 342,000 passengers expected to travel daily along the Manila–Clark corridor and up to 696,000 passengers per day to Calamba by 2025. 

-      It is estimated to cut the travel time from Metro Manila to Clark International Airport to less than one hour by rail, compared with 2 to 3 hours by car or bus today.

-      will help ease the current chronic road congestion in Metro Manila, reduce air pollution, cut the costs of transport and logistics, spur economic growth in central Luzon; and

-      encourage a population shift from the capital to growth centers in the north, such as Clark in Pampanga; and

-      The project will be partially operational by 2022.

“ADB’s partnership with the Philippines has always been strong, and it has become stronger in the last three years,” said ADB President Mr. Takehiko Nakao.
“The government’s Build, Build, Build (BBB) program is clearly steering the much-needed acceleration in infrastructure spending, from less than 2% of gross domestic product a decade ago to 6.3% now, well on track to achieve the 7% target by 2022. One of the key flagship projects of the BBB program is the Malolos–Clark railway.”
“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,” said Mr. Nakao.

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Report from ADB.ORG

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