Chinese group awarded $2.8bn first phase of Philippines’ Bicol rail scheme
The Philippines’ Department of Transportation (DOTr) has awarded a $2.8bn contract to a Chinese consortium to build the first phase of the 565km Bicol rail scheme on the country’s main island of Luzon. Philippine National Railways (PNR) is planning to build the link between Metro Manila and the southeastern tip of Luzon, with the first phase to start in the first quarter of this year. In a statement issued on 18 January, […]