MANILA — The Philippine National Railways (PNR) has requested the National Economic and Development Authority (NEDA) for a feasibility study on the planned Cabanatuan-Makati Line as part of the process for getting the final nod on the project, aimed at improving transportation in the Greater Capital Region (GCR).
The GCR covers the National Capital Region (NCR), Region 3 (Central Luzon) and Region 4-A (Calabarzon), which accounts for one-third of the country’s total population and provides major contribution to domestic output.
During an earlier loan signing rites for a batch of infrastructure projects to be financed by the Japan International Cooperation Agency (JICA), PNR General Manager Junn B. Magno said the government is now concentrating on the GCR.
Aside from the northeast line, Magno said they are also requesting for feasibility studies for the Cabanatuan-Bulacan line and the San Jose City (Nueva Ejica) to Tarlac City line, with the latter to be connected to the North-South Commuter Railway (NSCR).
Finance Secretary Carlos Dominguez and JICA Director-General Shigenori Ogawa earlier signed an P80.47-billion loan agreement, which represents the first tranche of Japan’s financing support for the NSCR Extension Project.
Total project cost is about P628.42 billion, which to date, is the biggest combined project under the government’s “Build, Build, Build” program.