Last Updated on 08th January 2024
ACCIONA has secured package No - 2 of the South Commuter Railway Project from the Department of Transportation of the Philippine government. The awarded package involves the construction of 7.9 kilometers of rail tracks on a viaduct and the development of three stations, namely España, Santa Mesa, and Paco, in Manila.
The EUR 480 million railway contract is part of the PNR Calamba (PNR Clark Phase 3) - the southern section of the North-South Commuter Railway (NSCR) Project.
The NSCR project, also known as the Clark-Calamba Railway, is a significant urban rail transit system currently under construction on Luzon Island in the Philippines. With a length of 147 kilometers (91 miles), the railway will run from New Clark City in Capas to Calamba in Laguna and include 36 stations and four services.
NSCR-Ex is a significant transportation infrastructure project in the Philippines aimed at improving connectivity and reducing traffic congestion in the Metro Manila region.
The project is co-financed by the Japan International Cooperation Agency (JICA) and the Asian Development Bank (ADB).
The Department of Finance (DOF) signed a loan agreement worth USD 1.54 billion on January 21, 2019, with the Japan International Cooperation Agency (JICA). As per the agreement, JICA will provide financing for the electrical and mechanical systems as well as the trains for the project.
On July 11, the Asian Development Bank (ADB) and DOF signed another loan agreement worth USD 1.3 billion to finance the civil works of the NSCR-Extension project.
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