MANILA, Jan. 16 (Xinhua): China and the Philippines signed a contract on Saturday to build a railway on the main Luzon Island, the Chinese Embassy in Manila has said.
The Subic-Clark railway project, which will cost approximately US$940 million, will be bank-rolled by China, and it will be the highest-funded G-to-G cooperation project between China and the Philippines so far.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!