Mitsubishi receives $2bn order for Philippine commuter railway

North-south transit project aims to ease Manila's chronic traffic jams

20230303 Mitsubishi Logo

Mitsubishi Corp. aims to increase orders for railway systems and rolling stock in the Philippines. (Photo by Akikazu Ishii)

YUICHI SHIGA and YUTA TAKAGI, Nikkei staff writers

MANILA/TOKYO -- Mitsubishi Corp. signed a contract Friday worth 260 billion yen ($1.91 billion) to supply equipment for a commuter railway system in Manila, a project designed to alleviate chronic traffic congestion and air pollution.

Sponsored Content

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