PPP Center to complete Mindanao Railway phase three feasibility study by Q1 2025
The Public-Private Partnership (PPP) Center expects to complete the feasibility study for phase three of the Mindanao Railway project by the first quarter of 2025.
Phase three, which will be a high-capacity inter-city passenger and cargo railway system linking Cagayan de Oro's industrial and commercial centers, is currently in its feasibility study stage with an estimated cost of P100.64 billion.
Transportation Secretary Jaime J. Bautista’s department is reviewing the alignment of the rail line and exploring other funding sources, including potential private sector involvement, to finalize project approval documents for submission to the appropriate approving body.
The railway will connect critical infrastructure such as Laguindingan International Airport, Cagayan de Oro City port, and the Mindanao Container Port, enhancing connectivity in northern Mindanao.
Last year, the PPP Center granted P100 million via its Project Development and Monitoring Facility (PDMF) to fund the feasibility study for MRP Phase 3.
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