Friday, October 9, 2026
24*7 News World
  • Home
  • World

    IBM and Red Hat Remediate More Than 400 Previously Unknown Open Source Vulnerabilities.

    Uber to Acquire ezCater as it Brings Catering to Uber Eats.

    DBS names Gautam Banerjee to Board of Directors

    DBS Gathers Global Leaders At Inaugural Asia Future Forward Conference As AI Rewrites The World

    Novo and Hengrui Pharma enter exclusive license agreement for once-weekly oral GLP-1/GIP dual receptor agonist HRS-1596

    PHOTO CREDIT-M&S

    M&S and Sephora Partner to Bring a New Beauty Destination to High Streets Across the UK

  • National
    • All
    • Economy & Politics
    • Election

    Karnataka Unveils ‘Government First’ Strategy; Opens State Departments as Pilot Sandboxes for FinTech Startups.

    L To R
•Dr.Ilankumaran Kaliamoorthy,Chief Executive Officer,Apollo Hospitals,Chennai region.
Dr. Neville A.G. Solomon – Director – Paediatric Cardiothoracic Services, Apollo Children’s Hospitals
* Dr. C.S. Muthukumanaran – Senior Consultant & Head, Paediatric Cardiology, Apollo Children’s Hospitals
*
* Dr.Sushila Narayanasamy,Unit Head,Apollo Women’s and Children’s Hospitals,Chennai

    Apollo Children’s Hospitals Secures Global First with 50 Percutaneous Fontan Procedures in Chennai

    ECI Clarifies Protocol for Meetings with Political Delegations, Says No Political Party Sought Appointment Before 4 PM Today

    Beyond Ritualism: Experts at Sringeri Math Advocate for Scriptural Literacy and Inter-Generational Knowledge Transfer.

    Tata CLiQ announces 10.10 sale

    Make every festive pick a 10.10 with Tata CLiQ’s flagship festive sale.

    Mizoram’s Neuhof School Wins Yamaha Teens Rock Final Held at Prestige Arts Centre Bengaluru.

  • Business

    ₹50,000 Crore Battery Boost: Industry leaders gather in Bengaluru to map out India’s massive 236 GW storage future.

    Flipkart leaders kick-off Flipkart’s The Big Billion Days 2026 at Flipkart HQ, Bengaluru
(L-R) Sakait Chaudhary, SVP and Head of Marketplace; Hemant Badri, SVP and Head of Supply Chain; Jane Duke, Chief Ethics & Compliance Officer; actor Aneet Padda; Kalyan Krishnamurthy, CEO, Flipkart Group; Seema Nair, CHRO; Ravi Iyer, SVP and CFO, Strategic Partnerships; Rajneesh Kumar, Chief Corporate Affairs Officer; Balaji Thiagarajan, CPTO

    Flipkart Sets the Stage for The Big Billion Days 2026 with High-Energy Kick-off in Bengaluru

    IGCC Launches GIA 2.0 Analogue: Indo-German Summit Pivots India from Delivery Base to Strategic Capability Partner.

  • Health
    L To R
•Dr.Ilankumaran Kaliamoorthy,Chief Executive Officer,Apollo Hospitals,Chennai region.
Dr. Neville A.G. Solomon – Director – Paediatric Cardiothoracic Services, Apollo Children’s Hospitals
* Dr. C.S. Muthukumanaran – Senior Consultant & Head, Paediatric Cardiology, Apollo Children’s Hospitals
*
* Dr.Sushila Narayanasamy,Unit Head,Apollo Women’s and Children’s Hospitals,Chennai

    Apollo Children’s Hospitals Secures Global First with 50 Percutaneous Fontan Procedures in Chennai

    The Business of Preventive Care: Ramaiah Memorial Hospital Unveils ‘Don’t Miss A Beat’ Multichannel Wellness Initiative.

    Marsh India and Apollo Hospitals Partner with BHB Foundation to Deploy Smart Life-Support Fleet in Chennai

    A Beat Beyond Survival: Narayana Health marks historic milestone of 136 successful cardiopulmonary transplants

    Healthcare Innovation: Apollo Hospitals Pioneers India’s First Size-Adjustable Urological Stent Prototypes

    Narayana Nethralaya Hosts Prekshan 2026; Institutionalizes Best Performance Awards for Eye Collection Centers

  • Technology
    • All
    • Environment
    • Science

    Schneider Electric brings mobile service innovation hub to South India with Services Xpress.

    Truecaller Scam Checker Brings Together Scam Detection and Community Intelligence.

    The Orange Economy: YouTube Ecosystem Injects ₹18,000 Crore into India’s GDP; Backs 9.6 Lakh Jobs

    India-France Space Cooperation Enters New Phase with Focus on Human Spaceflight, Start-ups and New Space Ecosystem: Dr. Jitendra Singh .

    The Ministry of Minority Affairs strengthens its infrastructure, entrepreneurship and monitoring drive through partnerships with strategic institutions at IISc Bangalore on September 25, 2026

    Airtel Flags 98.4 billion Spam Calls Amid Sharp Rise in Digital Fraud Cases

  • Auto

    JBM Capitalises on NCR Mega-Factory to Control 24% of H1 FY27 Electric Bus Registrations

    ‘Bharat Taxi’ service launched in Uttar Pradesh; service also rolled out in Gorakhpur, Varanasi, Kanpur and Prayagraj along with Lucknow

    Coimbatore’s CoASTT Racetrack Picked for Inaugural Volkswagen Performance Track Weekend.

    VECV Venture: Volvo Buses India Bags Record-Breaking Single Order for 150 Luxury Coaches from VTPL

  • Sports

    Asian Games 2026

    KSCA Initiates Under-15 Girls’ Talent Scouting to Build Bengaluru Zone Domestic Cricket Bench.

    Smriti Mandhana appointed captain of Indian Women’s Cricket Team.

    India and India A squads for New Zealand tour announced.

  • Entertainment

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

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

  • Lifestyle
    • All
    • Food
    • Travel

    TTD Announces October Festival Matrix; 9-Day Srivari Navaratri Brahmotsavams Start Oct 12.

    Air India launches integrated online duty-free experience in partnership with Adani airports

    Pepe Jeans London Marks Bengaluru Expansion with Three Upgraded New Experience Stores in One Day

    Healthcare Innovation: Apollo Hospitals Pioneers India’s First Size-Adjustable Urological Stent Prototypes

    Levi’s ‘Behind Every Original’ Campaign Returns with Chapter Two: Many Ways, One Original Starring Alia Bhatt.

    The ONLY Fit: ONLY India’s New Denim Collaboration with Smriti Mandhana

No Result
View All Result
24*7 News World
  • Home
  • World

    IBM and Red Hat Remediate More Than 400 Previously Unknown Open Source Vulnerabilities.

    Uber to Acquire ezCater as it Brings Catering to Uber Eats.

    DBS names Gautam Banerjee to Board of Directors

    DBS Gathers Global Leaders At Inaugural Asia Future Forward Conference As AI Rewrites The World

    Novo and Hengrui Pharma enter exclusive license agreement for once-weekly oral GLP-1/GIP dual receptor agonist HRS-1596

    PHOTO CREDIT-M&S

    M&S and Sephora Partner to Bring a New Beauty Destination to High Streets Across the UK

  • National
    • All
    • Economy & Politics
    • Election

    Karnataka Unveils ‘Government First’ Strategy; Opens State Departments as Pilot Sandboxes for FinTech Startups.

    L To R
•Dr.Ilankumaran Kaliamoorthy,Chief Executive Officer,Apollo Hospitals,Chennai region.
Dr. Neville A.G. Solomon – Director – Paediatric Cardiothoracic Services, Apollo Children’s Hospitals
* Dr. C.S. Muthukumanaran – Senior Consultant & Head, Paediatric Cardiology, Apollo Children’s Hospitals
*
* Dr.Sushila Narayanasamy,Unit Head,Apollo Women’s and Children’s Hospitals,Chennai

    Apollo Children’s Hospitals Secures Global First with 50 Percutaneous Fontan Procedures in Chennai

    ECI Clarifies Protocol for Meetings with Political Delegations, Says No Political Party Sought Appointment Before 4 PM Today

    Beyond Ritualism: Experts at Sringeri Math Advocate for Scriptural Literacy and Inter-Generational Knowledge Transfer.

    Tata CLiQ announces 10.10 sale

    Make every festive pick a 10.10 with Tata CLiQ’s flagship festive sale.

    Mizoram’s Neuhof School Wins Yamaha Teens Rock Final Held at Prestige Arts Centre Bengaluru.

  • Business

    ₹50,000 Crore Battery Boost: Industry leaders gather in Bengaluru to map out India’s massive 236 GW storage future.

    Flipkart leaders kick-off Flipkart’s The Big Billion Days 2026 at Flipkart HQ, Bengaluru
(L-R) Sakait Chaudhary, SVP and Head of Marketplace; Hemant Badri, SVP and Head of Supply Chain; Jane Duke, Chief Ethics & Compliance Officer; actor Aneet Padda; Kalyan Krishnamurthy, CEO, Flipkart Group; Seema Nair, CHRO; Ravi Iyer, SVP and CFO, Strategic Partnerships; Rajneesh Kumar, Chief Corporate Affairs Officer; Balaji Thiagarajan, CPTO

    Flipkart Sets the Stage for The Big Billion Days 2026 with High-Energy Kick-off in Bengaluru

    IGCC Launches GIA 2.0 Analogue: Indo-German Summit Pivots India from Delivery Base to Strategic Capability Partner.

  • Health
    L To R
•Dr.Ilankumaran Kaliamoorthy,Chief Executive Officer,Apollo Hospitals,Chennai region.
Dr. Neville A.G. Solomon – Director – Paediatric Cardiothoracic Services, Apollo Children’s Hospitals
* Dr. C.S. Muthukumanaran – Senior Consultant & Head, Paediatric Cardiology, Apollo Children’s Hospitals
*
* Dr.Sushila Narayanasamy,Unit Head,Apollo Women’s and Children’s Hospitals,Chennai

    Apollo Children’s Hospitals Secures Global First with 50 Percutaneous Fontan Procedures in Chennai

    The Business of Preventive Care: Ramaiah Memorial Hospital Unveils ‘Don’t Miss A Beat’ Multichannel Wellness Initiative.

    Marsh India and Apollo Hospitals Partner with BHB Foundation to Deploy Smart Life-Support Fleet in Chennai

    A Beat Beyond Survival: Narayana Health marks historic milestone of 136 successful cardiopulmonary transplants

    Healthcare Innovation: Apollo Hospitals Pioneers India’s First Size-Adjustable Urological Stent Prototypes

    Narayana Nethralaya Hosts Prekshan 2026; Institutionalizes Best Performance Awards for Eye Collection Centers

  • Technology
    • All
    • Environment
    • Science

    Schneider Electric brings mobile service innovation hub to South India with Services Xpress.

    Truecaller Scam Checker Brings Together Scam Detection and Community Intelligence.

    The Orange Economy: YouTube Ecosystem Injects ₹18,000 Crore into India’s GDP; Backs 9.6 Lakh Jobs

    India-France Space Cooperation Enters New Phase with Focus on Human Spaceflight, Start-ups and New Space Ecosystem: Dr. Jitendra Singh .

    The Ministry of Minority Affairs strengthens its infrastructure, entrepreneurship and monitoring drive through partnerships with strategic institutions at IISc Bangalore on September 25, 2026

    Airtel Flags 98.4 billion Spam Calls Amid Sharp Rise in Digital Fraud Cases

  • Auto

    JBM Capitalises on NCR Mega-Factory to Control 24% of H1 FY27 Electric Bus Registrations

    ‘Bharat Taxi’ service launched in Uttar Pradesh; service also rolled out in Gorakhpur, Varanasi, Kanpur and Prayagraj along with Lucknow

    Coimbatore’s CoASTT Racetrack Picked for Inaugural Volkswagen Performance Track Weekend.

    VECV Venture: Volvo Buses India Bags Record-Breaking Single Order for 150 Luxury Coaches from VTPL

  • Sports

    Asian Games 2026

    KSCA Initiates Under-15 Girls’ Talent Scouting to Build Bengaluru Zone Domestic Cricket Bench.

    Smriti Mandhana appointed captain of Indian Women’s Cricket Team.

    India and India A squads for New Zealand tour announced.

  • Entertainment

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

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

  • Lifestyle
    • All
    • Food
    • Travel

    TTD Announces October Festival Matrix; 9-Day Srivari Navaratri Brahmotsavams Start Oct 12.

    Air India launches integrated online duty-free experience in partnership with Adani airports

    Pepe Jeans London Marks Bengaluru Expansion with Three Upgraded New Experience Stores in One Day

    Healthcare Innovation: Apollo Hospitals Pioneers India’s First Size-Adjustable Urological Stent Prototypes

    Levi’s ‘Behind Every Original’ Campaign Returns with Chapter Two: Many Ways, One Original Starring Alia Bhatt.

    The ONLY Fit: ONLY India’s New Denim Collaboration with Smriti Mandhana

No Result
View All Result
24*7 News World
No Result
View All Result
Home Business

Contracts Worth $1.7 Billion Awarded for ADB-Funded Malolos–Clark Railway Project

FWM by FWM
October 9, 2020
in Business
0

MANILA, PHILIPPINES (8 October 2020) — Construction of the Malolos–Clark Railway Project, a flagship Philippine project funded by the is expected to begin soon, following the signing of three civil works contracts worth more than $1.7 billion.

The signing ceremony today was hosted by the Philippines’ Department of Transportation (DOTr), which has so far awarded five civil works contracts for the project totaling $2.5 billion. The first two contracts were signed on 1 August 2020. The project, part of the government’s “Build, Build, Build” infrastructure program, will construct a safe, affordable, reliable, and environment-friendly elevated railway connecting the northern provinces and the capital, Metro Manila.

“This project is, by far, the ADB’s largest ever financing package for a single project, and is the single largest ‘Build, Build, Build’ project to date in the history of the Duterte administration,” said Department of Transportation Secretary Arthur Tugade. “Be assured that we are focused on our goal to make the Filipino life comfortable, the Filipino life convenient.”

“The signing of these contracts means the Malolos–Clark Railway Project construction will now go on full speed, helping the country’s economic revival over the next 12–24 months,” said ADB Director General for Southeast Asia Ramesh Subramaniam. “When completed by 2025 based on current plans, we expect the project to benefit nearly 350,000 commuters daily. We are proud to work with the Philippine government, development partners, and the private sector to deliver this important flagship infrastructure project using modern technology for the country.”

ADVERTISEMENT

The Malolos–Clark Railway Project will cut the travel time between Clark in northern Pampanga province and Manila from two to three hours by bus to one hour by train, with a maximum rail speed of up to 160 kilometers (km) per hour. It will reduce greenhouse gas emissions by more than 60,000 tons annually and boost economic activity in regional growth centers like Clark.

The project is expected to create about 24,000 local construction jobs in the next three years. Once completed, the railway system will employ 1,400 people. The project will also spur larger, indirect employment and economic benefits to local businesses and raw material suppliers and manufacturers.

The project is part of the planned 163-km North–South Commuter Railway (NSCR) Project, which aims to reduce road congestion in Metro Manila and surrounding provinces. It will also help cut traffic-related economic costs, which total about $18 billion annually in Metro Manila alone. Once completed by 2040, the entire NSCR is expected to transport up to 1 million passengers daily.

The first contract package of the Malolos–Clark railway line—covering the construction of about 17 km of elevated rail viaduct, seven bridges, and two railway stations—was awarded to the joint venture of Hyundai Engineering & Construction Co., Ltd. and Dong-ah Geological Engineering Company Ltd., both based in the Republic of Korea, and the Philippines’ Megawide Construction Corporation.

Spain’s Acciona Construction Philippines, Inc. and Daelim Industrial Co., Ltd. won the second contract package, covering the building and civil engineering works for about 16 kms of viaducts and one railway station. The third contract package, for the building and civil engineering works for 12 kms of viaducts and two railway stations, was awarded to Italian–Thai Development Public Company Limited.

The other two contract packages were awarded in August to a joint venture of Acciona Construction Philippines, Inc. and EEI Corporation, and the Republic of Korea’s POSCO Engineering and Construction Co., Ltd. A sixth contract for the construction of the Blumentritt station of the railway line will undergo rebidding.

The project is cofinanced by the Japan International Cooperation Agency, which will provide up to $2 billion in additional funding for the rolling stock and railway systems.

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region.

FWM

FWM

Related Posts

Business

₹50,000 Crore Battery Boost: Industry leaders gather in Bengaluru to map out India’s massive 236 GW storage future.

by FWM
October 8, 2026
Flipkart leaders kick-off Flipkart’s The Big Billion Days 2026 at Flipkart HQ, Bengaluru
(L-R) Sakait Chaudhary, SVP and Head of Marketplace; Hemant Badri, SVP and Head of Supply Chain; Jane Duke, Chief Ethics & Compliance Officer; actor Aneet Padda; Kalyan Krishnamurthy, CEO, Flipkart Group; Seema Nair, CHRO; Ravi Iyer, SVP and CFO, Strategic Partnerships; Rajneesh Kumar, Chief Corporate Affairs Officer; Balaji Thiagarajan, CPTO
Business

Flipkart Sets the Stage for The Big Billion Days 2026 with High-Energy Kick-off in Bengaluru

by FWM
October 8, 2026
Business

IGCC Launches GIA 2.0 Analogue: Indo-German Summit Pivots India from Delivery Base to Strategic Capability Partner.

by FWM
October 7, 2026
Business

State Unveils ‘Workforce 2030’ Framework: Karnataka Partners with KDEM for Bengaluru Skill Summit 2026

by FWM
October 7, 2026
Business

Karnataka Launches ‘GIGA’ Framework; Establishes Permanent Workspace Base for Foreign Venture Capital and Startups.

by FWM
October 6, 2026

Stay Connected

    ₹50,000 Crore Battery Boost: Industry leaders gather in Bengaluru to map out India’s massive 236 GW storage future.

    October 8, 2026
    Flipkart leaders kick-off Flipkart’s The Big Billion Days 2026 at Flipkart HQ, Bengaluru
(L-R) Sakait Chaudhary, SVP and Head of Marketplace; Hemant Badri, SVP and Head of Supply Chain; Jane Duke, Chief Ethics & Compliance Officer; actor Aneet Padda; Kalyan Krishnamurthy, CEO, Flipkart Group; Seema Nair, CHRO; Ravi Iyer, SVP and CFO, Strategic Partnerships; Rajneesh Kumar, Chief Corporate Affairs Officer; Balaji Thiagarajan, CPTO

    Flipkart Sets the Stage for The Big Billion Days 2026 with High-Energy Kick-off in Bengaluru

    October 8, 2026

    Karnataka Unveils ‘Government First’ Strategy; Opens State Departments as Pilot Sandboxes for FinTech Startups.

    October 7, 2026

    Recent News

    ₹50,000 Crore Battery Boost: Industry leaders gather in Bengaluru to map out India’s massive 236 GW storage future.

    October 8, 2026
    Flipkart leaders kick-off Flipkart’s The Big Billion Days 2026 at Flipkart HQ, Bengaluru
(L-R) Sakait Chaudhary, SVP and Head of Marketplace; Hemant Badri, SVP and Head of Supply Chain; Jane Duke, Chief Ethics & Compliance Officer; actor Aneet Padda; Kalyan Krishnamurthy, CEO, Flipkart Group; Seema Nair, CHRO; Ravi Iyer, SVP and CFO, Strategic Partnerships; Rajneesh Kumar, Chief Corporate Affairs Officer; Balaji Thiagarajan, CPTO

    Flipkart Sets the Stage for The Big Billion Days 2026 with High-Energy Kick-off in Bengaluru

    October 8, 2026

    Karnataka Unveils ‘Government First’ Strategy; Opens State Departments as Pilot Sandboxes for FinTech Startups.

    October 7, 2026

    IGCC Launches GIA 2.0 Analogue: Indo-German Summit Pivots India from Delivery Base to Strategic Capability Partner.

    October 7, 2026
    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

    Go to mobile version