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A party-list lawmaker remains upbeat over the revival and modernization of the Philippine National Railways’ Bicol Express rail line under the Marcos administration.
“President Marcos is not only bent on reviving and modernizing the Bicol Express as he had promised Bicolanos. He is also making sure that affected residents would not be neglected by ensuring that they get to resettle in livable communities. This is the strongest indicator that the project will push through,” Yamsuan said.
The first stage of the revival of the Bicol Express line, known as the South Long Haul Project, will start from Banlic in Laguna and will traverse several areas of that province and the provinces of Quezon, Camarines Sur and Albay. The line will end in Daraga, Albay. An extension of the line in Sorsogon is also being eyed.
Bautista also revealed that it has teamed up with the Department of Human Settlements and Urban Development , the National Housing Authority , and the provincial governments of Laguna and Quezon for the construction of 3,651 housing units worth a combined P2.83 billion, for residents affected by the South Long Haul Project.
Yamsuan said his proposed PPP mode involves tapping foreign funding institutions like the Asian Development Bank or the Japan International Cooperation Agency to provide financing for the electromechanical system of the project, while the government funds the right-of-way acquisition and rolling stock, and partners with the private sector for the civil works aspect of the project.
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