The Philippine government has secured support from the U.S. Trade and Development Agency (USTDA) for the Subic-Clark-Manila-Batangas (SCMB) Railway project after China withdrew from the deal.
The USTDA will provide funding for technical assistance to develop the freight railway, strengthening U.S.-Philippine cooperation in the Indo-Pacific region.
Transport Secretary Vince Dizon said the project will help ease congestion at Manila Port and improve transport capacity at Batangas and Subic ports.
Special Assistant to the President Frederick Go highlighted the railway’s potential to attract investments, create jobs, and boost the local economy.
The project was initially proposed during the Duterte administration but stalled after China’s exit amid worsening Philippines-China relations.
Source: PhilNews24 | June 28, 2025
SUBIC-CLARK-MANILA-BATANGAS RAILWAY GAINS US SUPPORT AMID CHINA EXIT
Latest from Business
Globe Telecom Inc. has successfully tested Starlink Mobile to bring internet service to dead spots in
Energy Secretary Sharon Garin warned that diesel prices in Metro Manila may reach P115 per liter
Digital wallet giant GCash has blocked over 3,200 merchants linked to illegal activities, including online gambling,
The Petroleum Association of the Philippines (PAP) is urging power companies to prioritize the use of
Grab Philippines and its motorcycle taxi subsidiary Move It have launched a multi-layered support program to