Philippines Secures $2.75 Bn Loan For New Railway Project
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 being co-financed with up to US$2 billion by the Japan International Cooperation Agency (JICA), which will provide the funds for the rolling stock and the railway systems.
The new passenger line will connect Malolos, a suburb north of Manila, to the 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 163km suburban network that is due for completion by 2025.
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 construction methods such as prefabricated viaduct segments to limit the need for land acquisition and accelerate construction.
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