Philippines under Marcos to revisit Duterte-era China rail deals

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

20220715 Marcos and Duterte

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)

CLIFF VENZON, Nikkei staff writer

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.

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