The Philippines and Japan held the ceremonial signing of loan agreement for the 109-kilometer North-South Commuter Railway (NSCR) Extension Project through the Department of Finance (DOF) and the Japan International Cooperation Agency (JICA) on January 21, 2019.
“The Official Development Assistance (ODA) loan will finance the consulting services, rolling stocks, and electro-mechanical portions of the project,” the Department of Transportation (DOTr) said.
The NSCR Extension project is part of the 147-kilometer NSCR System Project which seamlessly integrates three projects: the 38-kilometer PNR Clark 1 from Tutuban to Malolos, the 53-kilometer PNR Clark 2 from Malolos to Clark International Airport, and the 56-kilometer PNR Calamba from Solis to Calamba.
“With a Total Project Cost of PhP777.55 billion, the NSCR System Project will consist of 36 stations, 58 8-car trains (inclusive of 7 Airport Express trains), and a double-track fully elevated railway system, that will connect Region III (Central Luzon), the National Capital Region (NCR), and Region IV-A (CALABARZON),” the DOTr said.
“It will have seamless transfer stations with LRT-1, LRT-2, and MRT-3, as well as with the upcoming Metro Manila Subway,” DOTr added.