Gov’t readies P6.5B to jumpstart Mindanao rail project
The Duterte government has allotted an initial amount of P6.58 billion to jumpstart the multi-billion peso Mindanao Rail Project.
The amount, which was earmarked by the Appropriations Committee of the House of Representatives will primarily fund the first segment, which will run from Tagum-Davao- Digos.
The appropriation comes more than a month after the National Economic Development Authority approved Phase 1 of MRP, which is estimated to cost about P35.26 billion
Phase 1 involves the construction of a 105-kilometer line that is expected to reduce travel time from Davao del Norte to Davao del Sur from 3.5 hours to just 1.3 hours. It will have eight stations: Tagum, Carmen, Panabo, Mudiang, Davao Terminal, Toril, Sta. Cruz, and Digos.
MRP phase 1 forms part of the entire 1,530-kilometer circumferential and spur rail lines that will connect Davao provinces, Iligan, Cagayan de Oro, General Santos, and Zamboanga. It is targeted for completion by 2021.