A Signal To The Real Estate Industry: Courts Are Watching How Developers Treat Their Builders

The Court of Appeals’ decision on the Megaworld–Datem case is reshaping conversations about fairness and accountability in real estate.

DepEd Harnesses Power Of Data To Address Pressing Challenges In The Basic Education System

The Department of Education is turning to data and technology to guide reforms and strengthen the country’s basic education system.

KOICA Lays The Groundwork For Integrated Water Resources Management In The Philippines

This collaboration between KOICA and the Philippine government demonstrates how shared expertise can create long-term climate resilience.

Court Of Appeals Greenlights Asset Freeze Vs. Megaworld: A Wake-Up Call For Developers

The Court of Appeals has upheld the freezing of Megaworld’s assets, affirming that Datem Inc. was justified in seeking protection over unpaid obligations.

Mindanao Railway Project To Proceed, MinDA Assures

Mindanao Railway Project officially confirmed to proceed by MinDA, putting rumors to rest.

Mindanao Railway Project To Proceed, MinDA Assures

2379
2379

How do you feel about this story?

Like
Love
Haha
Wow
Sad
Angry

The Mindanao Development Authority (MinDA) reaffirmed Wednesday that the Mindanao Railway Project (MRP) would push through, dismissing speculations of its cancellation.

In a press briefing, Secretary Leo Tereso Magno clarified that the project is moving forward, confirming strong interest from private entities in partnering with the government.

“There are three to four private individuals and companies aggressively showing interest in collaborating on the MRP master plan,” Magno said.

He said the Department of Transportation (DOTr) and MinDA are finalizing the project’s terms of reference, with an expected release by December.

The MRP Phase 1, spanning 100.2 km., will connect the cities of Davao, Tagum, and Digos.

Land acquisition is underway for this segment, which will include eight stations at an estimated cost of PHP81.6 billion.

The railway aims to serve 122,000 passengers daily, reducing travel time from Tagum City to Digos City from three hours to one hour.

Once fully completed, the MRP will span 1,544 km., linking key areas in Mindanao, including Davao, General Santos, Cagayan de Oro, Iligan, Cotabato, Zamboanga, Butuan, Surigao, and Malaybalay.

Magno acknowledged the need to update the project’s design, as elements of the original plan are outdated.

“Unless there are new changes, the DOTr has affirmed that this is the latest direction for the MRP,” he said.

The MRP remains a flagship infrastructure project aimed at enhancing connectivity and boosting economic growth in Mindanao. (PNA)