Mindanao railway project up for NEDA review

The government is evaluating anew the Mindanao Railway project to update costs and potential ridership, with the possibility of shifting financing mode to include the private sector, instead of purely loans.

- LOUISE MAUREEN SIMEON

The Department of Transportation (DOTr) said there is a need to review the detailed engineering design of the project and given the delay, it might have to go back to the National Economic and Development Authority (NEDA) for updating.

"Since we will update the feasibility study, we will have to again look at the numbers and if the cost is more than 10 percent, we will need to go back to NEDA," Transportation Secretary Jaime Bautista said.