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North-South Commuter Railway Full Operations Delayed to Q3 2033
The full operation of the North-South Commuter Railway (NSCR) in the Philippines has been postponed from 2032 to the third quarter of 2033 as part of government cost-cutting measures. The adjustment was approved by the Economy and Development Council (EDC).
MANILA, Philippines — The scheduled full operation of the North-South Commuter Railway (NSCR) has been moved from 2032 to 2033 due to cost-cutting measures of the government, Palace press officer Claire Castro announced on Thursday. She said the adjustment was approved by the Economy and Development Council (EDC), chaired by President Ferdinand Marcos Jr., during Wednesday's meeting. The NSCR is one of the country's flagship transportation projects, designed to connect Metro Manila with northern and southern Luzon. It is expected to significantly ease traffic congestion and boost economic activity in the regions it serves. The decision to push back the completion date by a year is attributed to the government's efforts to streamline expenditures and ensure fiscal prudence. The EDC, which includes top economic officials, plays a crucial role in evaluating and approving major development projects. While the delay might disappoint commuters anticipating faster travel, it underscores the administration's commitment to responsible fiscal management. The project's financing typically involves a mix of government funds and official development assistance from international partners. Further details regarding specific cost-saving strategies and their impact on different phases of the NSCR construction are expected to be released by relevant government agencies. Information Source: Inquirer NewsInfo
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Inquirer NewsInfo