The Department of Transportation (DOTr) showcased investment opportunities in the Philippines’ railway sector to private firms during a market sounding activity held in Singapore from June 17 to 19.
The event, organized in partnership with the Asian Development Bank (ADB), Infrastructure Asia (InfraAsia), and the International Finance Corporation (IFC), attracted interest from several local and international companies.
DOTr said private sector participation can help accelerate the development of efficient mass transportation systems and improve the daily commute of millions of Filipinos while supporting the growth of the country’s railway network.
