Go-ahead for Luzon railway O&M PPP

The Economy and Development (ED) Council has approved the North-South Railway (NSCR) operations and maintenance (O&M) project, valued at around P229.3 billion, during its second meeting on Tuesday, July 15.

- By DERCO ROSAL

Department of Economy, Planning, and Development (DEPDev) Secretary Arsenio M. Balisacan said the project is "a major step toward faster, greener, and more connected transportation for Filipinos as the system will also be integrated with the Metro Manila Subway." He added that this will also promote sustainable and commercial development along its corridors.

The approval of the NSCR O&M project is under a public-private partnership (PPP) arrangement.

"This decision marks a major milestone in the government's efforts to modernize public transportation and improve regional connectivity across Luzon," DEPDev said in a statement on Wednesday, July 16.