Hitachi eyes Mega Manila Subway, Manila-Clark Railway projects

Japanese conglomerate Hitachi is eyeing two major railway projects of the Duterte administration to be funded by official development assistance (ODA) from Japan.

"We are very much interested in participating in the rail projects of the Philippines," Shinya Mitsudomi, Global chief strategy officer of Hitachi Rail Systems, said during a briefing in Makati City.

"The projects we are now focusing on are the Tutuban to Clark Airport Railway, another project might be the Metro Manila Subway," Mitsudomi said.

The Mega Manila Subway is estimated to cost P277 billion and the Manila-Clark Railway at P255 billion.

"These two might be our initial focus," Mitsudomi said.

Mitsudomi said Hitachi has not yet submitted a final proposal to the government.

"We are lobbying. We are explaining our capability to the government and stakeholders. But, as for the proposal, nothing specific yet." — VDS, GMA News