Loading grant details…
China Eximbank pledges to finance Phase I of Mainline South Railway Project
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Government of the Philippines |
| Country | Philippines |
| Start Date | Nov 15, 2002 |
| End Date | Jul 06, 2032 |
| Duration | 10,826 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 34582 |
Grant Description
China Eximbank pledges to finance Phase I of Mainline South Railway Project On November 15, 2002, China National Technical Import and Export Corporation (CNTIC) and China National Machinery Import and Export Corporation (CMC) signed an MoU with the Philippine National Railways to rehabilitate 400km of the Mainline South Railway from Calamba in Laguna Province to Legaspi in Albay Province, and build 108km of railways to extend the line from Legaspi to Matnog in Sorsogon Province.
The organizations involved committed to completing the project within 4 months.
China was shown to only be involved in Phase I-A of the project, the rehabilitation of the line from Calamba to Lucena in Quezon Province. At the time, the Philippines Department of Finance had applied for a P16.055b loan from China Eximbank.
The project was approved by the Philippines National Economic and Development Authority in November 2006, and the contract for construction by CNTIC was signed in December 2006. The project was to be implemented from 2007 to 2008.
According to the ODA Watch source, in December 2009, the Mainline South Railway was still in the pipeline for Chinese financing. No loan agreement has been signed for this project since the 2002 MoU.
As of February 2023, the project had stalled, and President Ferdinand Marcos Jr. has noted it as a topic of priority in talks with China.
Sources & References
- China to help Philippine build railways.
- Chinese firms to help Philippines construct railways.
- Comprehensive and Integrated Comprehensive and Integrated Infrastructure Program (CIIP) Infrastructure Program (CIIP)
- The Limits of Twenty-First Century Chinese Soft-Power Statecraft in Southeast Asia: The Case of the Philippines
- LIST OF PHL-CHINA BILATERAL AGREEMENTS
- The President’s Day: November 15, 2002The President’s Day: November 15, 2002
- China's ODA for the Philippines
- Salceda pushes for Naga-Legazpi Rail ahead of PNR South Long Haul project Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.
All Grantees
Government of the Philippines
Interested in applying for this grant?
Complete our application form to express your interest and we'll guide you through the process.
Apply for This GrantQuick Summary
Related Grants
