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ADB approve project financing for South Commuter Railway Project
ADB have approved the project financing for the South Commuter Railway to help ease road traffic congestion and reduce greenhouse gas emissions.
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Asian Development Bank (ADB)
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Contract awarded to build a new rail line in the Philippines
ACCIONA has won a €330 million contract to build a section of a new railway line in the Philippines that will link the city of Malolos with Clark International Airport, 80km north of Manila.
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Why is the Asian Development Bank investing in Sri Lanka’s rail sector?
Following the Asian Development Bank's (ADB) first loan granted to help improve Sri Lanka's railway sector, Johan Georget, ADB's Transport Specialist, discusses the role the bank plays in the development projects they choose to invest in.
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ADB approves a $2.75 billion loan for the Malolos-Clark Railway Project
The financing is for the construction of a 53.1 kilometres passenger railway which will connect Malolos, a suburb north of Manila, to Clark economic zone and Clark International Airport in Central Luzon.