ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Transportation

Philippines under Marcos to revisit Duterte-era China rail deals

Beijing funding for 3 projects uncertain as official hints at private sector

Philippine President Ferdinand Marcos, left, plans to renegotiate three railway deals struck by predecessor Rodrigo Duterte with China. (Source photos by Reuters and Subic-Clark Alliance for Development)

MANILA -- The new government of Philippine President Ferdinand Marcos Jr. plans to renegotiate three railway deals struck with China by his predecessor, Rodrigo Duterte, an official said on Friday.

The China-funded projects include the 51 billion peso ($905 million) Subic-Clark freight railway, which links two former U.S. military bases that have been turned into commercial hubs. The project was greenlighted during Chinese Foreign Minister Wang Yi's visit last year.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more