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Strategically located in the most dynamic economies in Asia-Pacific region, and one of the fastest-growing economies in the world, the Philippines is the newest investment hotspot, where public infrastructures are taking the lead.
The “Build, Build, Build Program”, promoted by the President Rodrigo Duterte’s administration, is pushing the creation of new projects, more predominantly in the rail sector. The budget set for 75 projects, from which a third are railway construction improvement, ascends to PHP8 trillion -around 155 USD billion- and counts with a strict supervision by DOTr, PPP Center and ODA.
The plan for the rail system is to expand the actual one from 77km to reach 1750km, which will include the creation of several new stations and also improve the existing ones, the main focus being PNR 1 North- South Commuter Railway, which is expected to extend its lines to 653 km for long-haul passengers and 53km for commuters, and the LRT system, where the main development will be Lines 1 and 2 .
At this stage, project owners and operators are faced with multiple questions, from financing processes and concession agreements to design, railway viability and urban planning, and from security and safety protocols to the introduction of new technologies.
On June, 2019, Lnoppen is hosting The Philippine Railway Expansion and Technology Summit in Manila. The event will bring together local and international stakeholders, government officials, operators, developers, design and planning departments, consultants and solution providers to discuss the current rail sector development in the country and the multiple challenges to be tackled.