DOTR LOOKS TO ADB, WORLD BANK TO SPUR RAIL PPP INTEREST

The Department of Transportation (DOTr) expects stronger private-sector interest in upcoming railway public-private partnership (PPP) projects with financing support and risk-mitigation mechanisms from the Asian Development Bank (ADB) and the World Bank.

DOTr Undersecretary Timothy John Batan said the multilateral-backed financial instruments are designed to improve project bankability and address concerns raised by prospective investors during market consultations.

The government is preparing to launch tenders for the MRT-3 capacity expansion and operations, LRT-2 rehabilitation and operations, and the Metro Manila Subway operations and maintenance concession in the third quarter of the year.

Batan said the use of guarantees and concessional financing from development partners is being introduced for Philippine railway PPPs for the first time.

He added that strong investor interest in the North-South Commuter Railway operations and maintenance concession indicates growing confidence in the country’s rail infrastructure program.


Source: PhilNews24 | June 18, 2026

Leave a Reply

Your email address will not be published.

Previous Story

BTS ADDS A THIRD BULACAN SHOW DUE TO HIGH DEMAND

Next Story

ESCUDERO EXPECTED TO PRESIDE OVER SARA DUTERTE IMPEACHMENT TRIAL

Latest from Business

© 2023 All Rights Reserved. Web Develop by SEO Philippines