Sunday, October 19, 2025
  • Home
  • World

    Unity in Diversity : Over 40 nationalities celebrates Diwali at Canadian International School showcasing multicultural spirit

    Keukenhof Gardeners Plant the First Flower Bulbs

    Dr. Sara George Muthoot Receives Lifetime Achievement Award

    10 Transformative Innovations for Climate Action and Planetary Health

    IATA Launches Global Campaign to Help Travelers Fly Safely with Lithium Batteries

    Supercomputing India 2025 Sets the Stage for HPC, AI, and Quantum Innovation

  • National
    • All
    • Economy & Politics
    • Election

    Rotary Bangalore Midtown’s Free Eye and Health Camp Benefits 300+ Auto Drivers

    Landmark Leisure India is proud to open its third Fun Block center at Unity One Elegante Mall, Netaji Subhash Place, Pitampura, on 15 October 2025.

    Keukenhof Gardeners Plant the First Flower Bulbs

    “It’s our way of adding an extra spark to the festive season, making it more joyful and memorable for everyone.”-Ms. Kamakshi Mantri- CSO, Mantri Square Mall

    TTD Approves New Tirupati Temple in Mangaluru: TTD Member S Naresh Kumar

    Malabar Gold & Diamonds Opens its Showroom at Vaishali Enclave, Pitampura, Inaugurated By Bollywood Star Anil Kapoor

  • Business

    UBS appoints Chief AI Officer to drive its AI strategy

    “I am excited to bring Wipro Intelligence™ to our clients, helping them scale confidently and shape the future in an AI-first world.”-Srini Pallia, CEO & MD.

    Infosys: Quarterly revenue crosses $5 bn mark

  • Health

    Rotary Bangalore Midtown’s Free Eye and Health Camp Benefits 300+ Auto Drivers

    Happiest Health launches Happiest Ayurveda clinic in Jayanagar, Bengaluru.

    Herbalife India Launches Liftoff® – A Zero Added Sugar Effervescent Drink

    Chief Minister Siddaramaiah inaugurated a super specialty hospital in Belgaum.

    Heart Transplant Gives 63-Year-Old Man from Madanapalle a New Lease of Life

    KARNATAKA HEALTH MINISTER DINESH GUNDU RAO LAUNCHES DOCBRELLA.

  • Technology
    • All
    • Environment
    • Science

    NTT DATA Enhances Salesforce Capabilities with Strategic Acquisition of EXAH

    India’s Best Minds Must Power Defence Innovation for Vision 2047,” says CMD, BEL at CII AeroDef Tech Summit 2025

    150 students complete Sona Group’s Xccelerator 2.0 Programme powered by Unreal Engine, Dassault

    OPPO India launches F31 5G Series: The Best Smartphone for Durability with Smooth and powerful performance

    L&T Technology Services, SiMa.ai Collaborate for Product Innovation in Mobility, Healthcare, Industrial Automation & Robotics

    Apple Koregaon Park opens to customers this Thursday, September 4, in Pune

  • Auto

    Ola Launches Ola शfRत; enters India’s 1 Lakh Cr Battery Energy Storage Systems (BESS) market

    Volvo Cars celebrates four million cars produced on SPA architecture

    PPS Motors launches MG Windsor Inspire Edition.

    JSW MG Motor India Launches the Windsor Inspire Edition

  • Sports

    Telugu Titans overcome Puneri Paltan courtesy Vijay’s Super 10 and Shubham’s High Five; seal top eight spot

    Alireza’s Super 10 confirms Bengaluru Bulls top eight spot after dismantling Dabang Delhi

    TOYOTA GAZOO Racing title fighters enter asphalt adventure

    Greenwood High Hosts CISCE National Chess Championship 2025

  • Entertainment

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

    PMJ Jewels Launches PMJ SuperStar Bracelet and ‘Celebrating Daughters’ Campaign

    ‘Waves’ an OTT platform that offers clean family-friendly content: Sunil Bhatiya, Deputy Director General, Doordarshan Kendra, Panaji

  • Lifestyle
    • All
    • Food
    • Travel

    Malabar Gold & Diamonds Opens its Showroom at Vaishali Enclave, Pitampura, Inaugurated By Bollywood Star Anil Kapoor

    Coffee Island Debuts in Mumbai with Its First Café at the Iconic Eros Building, Churchgate

    Eugenix Hair Sciences Unveils Its Global Facility for Hair Restoration in Gurgaon

    Jockey Marks Retail Milestone with Launch of 1500th Exclusive Brand store in India

    IATA Launches Global Campaign to Help Travelers Fly Safely with Lithium Batteries

    Knot.dating Becomes Operationally Profitable Faster Than Expected

No Result
View All Result
  • Home
  • World

    Unity in Diversity : Over 40 nationalities celebrates Diwali at Canadian International School showcasing multicultural spirit

    Keukenhof Gardeners Plant the First Flower Bulbs

    Dr. Sara George Muthoot Receives Lifetime Achievement Award

    10 Transformative Innovations for Climate Action and Planetary Health

    IATA Launches Global Campaign to Help Travelers Fly Safely with Lithium Batteries

    Supercomputing India 2025 Sets the Stage for HPC, AI, and Quantum Innovation

  • National
    • All
    • Economy & Politics
    • Election

    Rotary Bangalore Midtown’s Free Eye and Health Camp Benefits 300+ Auto Drivers

    Landmark Leisure India is proud to open its third Fun Block center at Unity One Elegante Mall, Netaji Subhash Place, Pitampura, on 15 October 2025.

    Keukenhof Gardeners Plant the First Flower Bulbs

    “It’s our way of adding an extra spark to the festive season, making it more joyful and memorable for everyone.”-Ms. Kamakshi Mantri- CSO, Mantri Square Mall

    TTD Approves New Tirupati Temple in Mangaluru: TTD Member S Naresh Kumar

    Malabar Gold & Diamonds Opens its Showroom at Vaishali Enclave, Pitampura, Inaugurated By Bollywood Star Anil Kapoor

  • Business

    UBS appoints Chief AI Officer to drive its AI strategy

    “I am excited to bring Wipro Intelligence™ to our clients, helping them scale confidently and shape the future in an AI-first world.”-Srini Pallia, CEO & MD.

    Infosys: Quarterly revenue crosses $5 bn mark

  • Health

    Rotary Bangalore Midtown’s Free Eye and Health Camp Benefits 300+ Auto Drivers

    Happiest Health launches Happiest Ayurveda clinic in Jayanagar, Bengaluru.

    Herbalife India Launches Liftoff® – A Zero Added Sugar Effervescent Drink

    Chief Minister Siddaramaiah inaugurated a super specialty hospital in Belgaum.

    Heart Transplant Gives 63-Year-Old Man from Madanapalle a New Lease of Life

    KARNATAKA HEALTH MINISTER DINESH GUNDU RAO LAUNCHES DOCBRELLA.

  • Technology
    • All
    • Environment
    • Science

    NTT DATA Enhances Salesforce Capabilities with Strategic Acquisition of EXAH

    India’s Best Minds Must Power Defence Innovation for Vision 2047,” says CMD, BEL at CII AeroDef Tech Summit 2025

    150 students complete Sona Group’s Xccelerator 2.0 Programme powered by Unreal Engine, Dassault

    OPPO India launches F31 5G Series: The Best Smartphone for Durability with Smooth and powerful performance

    L&T Technology Services, SiMa.ai Collaborate for Product Innovation in Mobility, Healthcare, Industrial Automation & Robotics

    Apple Koregaon Park opens to customers this Thursday, September 4, in Pune

  • Auto

    Ola Launches Ola शfRत; enters India’s 1 Lakh Cr Battery Energy Storage Systems (BESS) market

    Volvo Cars celebrates four million cars produced on SPA architecture

    PPS Motors launches MG Windsor Inspire Edition.

    JSW MG Motor India Launches the Windsor Inspire Edition

  • Sports

    Telugu Titans overcome Puneri Paltan courtesy Vijay’s Super 10 and Shubham’s High Five; seal top eight spot

    Alireza’s Super 10 confirms Bengaluru Bulls top eight spot after dismantling Dabang Delhi

    TOYOTA GAZOO Racing title fighters enter asphalt adventure

    Greenwood High Hosts CISCE National Chess Championship 2025

  • Entertainment

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

    PMJ Jewels Launches PMJ SuperStar Bracelet and ‘Celebrating Daughters’ Campaign

    ‘Waves’ an OTT platform that offers clean family-friendly content: Sunil Bhatiya, Deputy Director General, Doordarshan Kendra, Panaji

  • Lifestyle
    • All
    • Food
    • Travel

    Malabar Gold & Diamonds Opens its Showroom at Vaishali Enclave, Pitampura, Inaugurated By Bollywood Star Anil Kapoor

    Coffee Island Debuts in Mumbai with Its First Café at the Iconic Eros Building, Churchgate

    Eugenix Hair Sciences Unveils Its Global Facility for Hair Restoration in Gurgaon

    Jockey Marks Retail Milestone with Launch of 1500th Exclusive Brand store in India

    IATA Launches Global Campaign to Help Travelers Fly Safely with Lithium Batteries

    Knot.dating Becomes Operationally Profitable Faster Than Expected

No Result
View All Result
No Result
View All Result
Home Business

ADB Approves $2.75 Billion Support for Malolos–Clark Railway Project

by FWM
May 24, 2019
in Business
0

A rendering of the Malolos–Clark Railway Project. Photo courtesy of JICA.

MANILA, PHILIPPINES (23 May 2019) — The Asian Development Bank (ADB) has approved financing of up to $2.75 billion for the construction of 53.1 kilometers (km) of a passenger railway connecting Malolos, a suburb north of Manila, to Clark economic zone and Clark International Airport in Central Luzon.

The Malolos–Clark railway is part of the Philippine government’s North–South Commuter Railway (NSCR) project, a 163-km suburban railway network stretching from New Clark City in Tarlac province in the north to Calamba in Laguna province in the south of Manila. The NSCR project is expected to be completed by 2025.

The Malolos–Clark Railway Project will provide safe, reliable, and affordable public transport for a total of about 342,000 passengers expected to travel daily along the Manila–Clark corridor and up to 696,000 passengers per day to Calamba by 2025. It is estimated to cut the travel time from Metro Manila to Clark International Airport to less than one hour by rail, compared with 2 to 3 hours by car or bus today. The project is expected to be partially operational from 2022.

The Malolos–Clark Railway Project will help ease the current chronic road congestion in Metro Manila, reduce air pollution, cut the costs of transport and logistics, spur economic growth in central Luzon, and encourage a population shift from the capital to growth centers in the north, such as Clark in Pampanga.

ADVERTISEMENT

“ADB’s partnership with the Philippines has always been strong, and it has become stronger in the last three years,” said ADB President Mr. Takehiko Nakao. “The government’s Build, Build, Build (BBB) program is clearly steering the much-needed acceleration in infrastructure spending, from less than 2% of gross domestic product a decade ago to 6.3% now, well on track to achieve the 7% target by 2022. One of the key flagship projects of the BBB program is the Malolos–Clark railway.”

“It will be ADB’s single largest infrastructure project financing ever, and from a development perspective, we are pleased this investment is taking place in ADB’s host country. The project, combined with other investments in light rail transit, metro rail transit, and subway systems, will bring back the culture of rail transport in Metro Manila,” said Mr. Nakao.

ADB’s 2018–2023 Country Partnership Strategy for the Philippines envisages significant and wide-ranging support for the BBB program, among other critical investments in education, financial inclusion, and economic policy reforms.

ADB will be financing civil works of the Malolos–Clark Railway Project, including the stations, bridges, and viaducts for the elevated railway alignment, and a tunnel leading to the underground station at Clark International Airport. It will also assist the government in using global standards for procurement and environmental and resettlement safeguards.

The project is cofinanced with up to $2 billion by the Japan International Cooperation Agency (JICA), which will finance the rolling stock and the railway systems.

“Our cofinancing partnership with JICA allows both our institutions to combine our expertise and knowledge in building a world-class railway in the Philippines,” said ADB Principal Transport Specialist for Southeast Asia Mr. Markus Roesner.

The project includes the construction of two rail segments—a 51.2-km section connecting Malolos City in Bulacan province to the thriving Clark regional growth center and a 1.9-km extension connecting the NSCR to the Blumentritt Station in Manila, where an elevated interchange station for Light Rail Transit Line 1 will be built.

The rail stations will include multimodal facilities, allowing commuters to easily transfer from public buses and jeepneys to the trains. The underground station at the Clark International Airport will provide a short connection to upcoming and future airport terminals.

The project will be built on an elevated alignment, helping reduce the impact on communities, avoid disruption of activities, and mitigate flood risks along the route. It will use innovative construction methods such as pre-fabricated viaduct segments, which limits the need for land acquisition and accelerates construction. High-quality construction methods will be used to achieve the maximum rail speed of up to 160 km per hour.

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. In 2018, it made commitments of new loans and grants amounting to $21.6 billion. Established in 1966, it is owned by 68 members—49 from the region.

Tags: Philippine government’s North–South Commuter Railway (NSCR) project

FWM

Related Posts

Business

UBS appoints Chief AI Officer to drive its AI strategy

by FWM
October 16, 2025
Business

“I am excited to bring Wipro Intelligence™ to our clients, helping them scale confidently and shape the future in an AI-first world.”-Srini Pallia, CEO & MD.

by FWM
October 16, 2025
Business

Infosys: Quarterly revenue crosses $5 bn mark

by FWM
October 16, 2025
Business

HSBC launches Digital Merchant Services in India

by FWM
October 16, 2025
Business

“The wind sector contributes 23 % of total RE installed capacity of India”-Mr. RPV Prasad, Managing Director, Envision Energy India

by FWM
October 14, 2025

Stay Connected

Unity in Diversity : Over 40 nationalities celebrates Diwali at Canadian International School showcasing multicultural spirit

October 19, 2025

Rotary Bangalore Midtown’s Free Eye and Health Camp Benefits 300+ Auto Drivers

October 19, 2025

Telugu Titans overcome Puneri Paltan courtesy Vijay’s Super 10 and Shubham’s High Five; seal top eight spot

October 19, 2025

Recent News

Unity in Diversity : Over 40 nationalities celebrates Diwali at Canadian International School showcasing multicultural spirit

October 19, 2025

Rotary Bangalore Midtown’s Free Eye and Health Camp Benefits 300+ Auto Drivers

October 19, 2025

Telugu Titans overcome Puneri Paltan courtesy Vijay’s Super 10 and Shubham’s High Five; seal top eight spot

October 19, 2025

Alireza’s Super 10 confirms Bengaluru Bulls top eight spot after dismantling Dabang Delhi

October 18, 2025
ADVERTISEMENT

© 2018 | Fortune World Media | MEDIA & ENTERTAINMENT CO. IN | Powered by Raja's Digital

error: Content is protected !!
No Result
View All Result
  • Home
  • World
  • National
  • Business
  • Economy & Politics
  • Election
  • Health
  • Technology
  • Auto
  • Sports
  • Entertainment
  • Lifestyle

© 2018 | Fortune World Media | MEDIA & ENTERTAINMENT CO. IN | Powered by Raja's Digital

Exit mobile version