The cancellation of three massive railway projects due to a financial tussle between the governments of the Philippines and China may prove to be both good news and bad news for commuters and the economy. Know more:
THE cancellation of three massive railway projects due to a financial tussle between the governments of the Philippines and China may prove to be both good news and bad news for commuters and the economy.
For his part, Jose Regin F. Regidor, a research fellow at the University of the Philippines-Diliman National Center for Transportation Studies, said the cancellation of the three massive railway projects may prove to be insignificant within the Marcos administration. “This is bad news because this means the timetables for these projects will again be moved or delayed. This represents more backlog for projects like these that should have been implemented and completed so many years ago,” Regidor said.
“Major infrastructure projects like these take time to develop and costs need to be updated and justified by the benefits. While the benefits are established, the costs are ever increasing, thereby somewhat diminishing the attractiveness of the project. That said, the impacts of these projects will not be felt in the immediate, short, or even medium term,” Regidor explained.
They have also urged the government to consider placing the deals under the Public-Private Partnership Program, the main infrastructure thrust of the administration of former president Benigno Aquino III.For now, Regidor suggested that DOTr focus on developing other modes of public transport to immediately address the increasing demand for mobility and the current transport crisis.
“Libreng Sakay is not sustainable since there is the same poor quality of service and there [are] limited funds to cover most cities in the country.
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