The government of Philippines will start looking for a private partner to build its biggest railway project the P287-billion (USD 6.43-billion) North-South Commuter Railway (NSCR), Rappler reports.
Michael Arthur Sagcal, spokesperson of the Department of Transportation and Communications (DOTC), said that his department plans to bid out the public-private partnership (PPP) component or Phase 2 of the NSCR project this month.
Phase 2 of NSCR will involve commuter lines connecting Tutuban to the southern peripheries of Metro Manila and a long-haul network to the Bicol provinces. This phase will also include an initial terminus in Legazpi City and a branch line eventually connecting Matnog in Sorsogon.
This was after the National Economic and Development Authority (NEDA) Board approved the rollout of the Phase 2 of the NSCR in February. This PPP component has a project cost of P170.7 billion (USD 3.82 billion).
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