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Construction of Malolos Clark Railway Project to Start Soon

Infra News - Published on Mon, 10 Aug 2020

Image Source: Malolos Clark Railway Project Philippines
The Philippines’ Department of Transportation has signed two civil works contracts worth nearly USD 728 million for the flagship Malolos Clark Railway Project, which is financed by the Asian Development Bank. The railway project will construct a safe, affordable, reliable, and environment-friendly railway connecting the northern provinces and the capital, Metro Manila. The contract signing will jumpstart the construction phase of the project, creates much-needed jobs, and boost local economic activity. The project will cut the travel time between Clark and Manila from two to three hours by bus to one hour by train, while reducing greenhouse gas emissions by more than 60,000 tons annually.

One contract, which was awarded to the joint venture of Spain’s Acciona Construction Philippines Inc and EEI Corporation, will build about 6.3 km of main railway lines and 1.6 km of depot access line, including an underground railway station at Clark International Airport. The other contract, which was awarded to South Korea’s POSCO Engineering and Construction Co Ltd will erect a 33-hectare depot and a railway operations control center in Mabalacat, Pampanga. Three more contracts for civil works are set to be awarded later this year.

The civil works contracts will help the Philippines’ economic revival. The project will create about 24,000 local construction jobs in the next three years and 14,000 more jobs related to the railway system’s operation. It will lead to larger, indirect employment and economic benefits to local businesses, such as suppliers of raw materials, which in turn will create more jobs.

The Malolos Clark Railway Project, part of the 163-kilometer North–South Commuter Railway Project, will ease road congestion in the capital and nearby provinces and reduce annual traffic-related economic costs, which total $18 billion in Metro Manila alone. It will help push economic activity to regional growth centers like Clark in Pampanga province.

The Japan International Cooperation Agency, which is cofinancing the project, will provide up to USD 2 billion in additional funding for the rolling stock and railway systems.

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Posted By : Yogender Pancholi on Mon, 10 Aug 2020
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