THE VOICE OF BUSINESS IN NORTHERN MINDANAO

Thursday, April 1, 2010

$800 Million Mindanao Railways to start before 2010


Posted on  by damarre
http://cagayandeorodev.wordpress.com


A local daily has quoted Rep. Rufus Rodriguez saying that the Mindanao Railways project would commence before the year-end. This after the Project Management Office was recently established in Bulua, Cagayan de Oro City to oversee the preparation and implementation of the project.
The project which is estimated to cost around $800 million with the first phase of the project from Cagayan de Oro City to Laguindingan in Misamis Oriental has been approved by the Committee on Infrastructure and Urban Development of the House of Representatives. From the website of DOTC, it is stated that the revision of the Feasibility Study of the project is being finalized.
The approved Mindanao railway project will be implemented in four phases. The first phase is from Laguindingan to Cagayan de Oro City; second phase is Laguindingan to Iligan City; third phase is Cagayan de Oro to Phividec area in Tagoloan, Misamis Oriental and the final phase from Iligan City to Linamon town, Lanao del Norte.
Accordingly, the facilities to be used in the railways system are modern equipment used in Europe with the first phase expected to be finished in time for the opening of the Laguindingan Airport.
Certainly, this will be Mindanao’s first and soon to further boost the island’s economy.

1 comment:

  1. So, they will start constructing a railway system while the Laguindingan airport is still on the drawing board...isn't it should be the other way around? Great project by the way, im glad Cong. Rufus did not decide to run for a senate seat.

    ReplyDelete

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