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                    [ArticleID] => 131678
                    [Title] => Japan mulls P500-M grant for railway rehab
                    [Summary] => The Japanese government is considering extending a P300- to P500-million grant for the rehabilitation of the 39-kilometer railway alignment between Manila and Calamba.


According to Philippine National Railways general manager Jose Ma. Sarasola II, the rehabilitation of the alignment, in particular the second track between Blumentritt and España, is a prelude to privatization.


He said that the grant-in-aid is a separate facility that will be made available by Japan and is not part of the Obuchi yen loan package.


                    [DatePublished] => 2001-08-28 00:00:00
                    [ColumnID] => 133272
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INVESTMENT COORDINATING

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                    [ArticleID] => 131678
                    [Title] => Japan mulls P500-M grant for railway rehab
                    [Summary] => The Japanese government is considering extending a P300- to P500-million grant for the rehabilitation of the 39-kilometer railway alignment between Manila and Calamba.


According to Philippine National Railways general manager Jose Ma. Sarasola II, the rehabilitation of the alignment, in particular the second track between Blumentritt and España, is a prelude to privatization.


He said that the grant-in-aid is a separate facility that will be made available by Japan and is not part of the Obuchi yen loan package.


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abtest

Japan mulls P500-M grant for railway rehab

August 28, 2001 - 12:00am

The Japanese government is considering extending a P300- to P500-million grant for the rehabilitation of the 39-kilometer railway alignment between Manila and Calamba. According to Philippine National Railways general...

Business