Original disclosure @ ADB website
Updated in EWS Jan 28, 2020
Disclosed by Bank Jan 2, 2020
Can you contribute information about this project?
Contact the EWS Team
According to bank documents, the Malolos–Clark Railway Project will support the construction of two sections, totaling 53.1 kilometers (km), of the North-South Commuter Railway (NSCR) connecting the regional center of Clark in Central Luzon with Metro Manila and Calamba, Laguna. The project will provide affordable, reliable, and safe public transport. It will reduce greenhouse gas emissions, and cut travel time from Metro Manila to Clark from 2–3 hours by bus to less than 1 hour by rail.
The project is financed by a multi-tranche financing facility (MFF) of up to $2.75 billion from the Asian Development Bank’s (ADB) ordinary capital resources (OCR), which was approved on 23 May 2019 by ADB’s Board of Directors, and is co-financed by the Japan International Cooperation Agency (JICA) in the amount of $2.01 billion.
Department of Transportation
The Columbia Tower, Brgy. Wack-wack,
Ortigas Avenue, 1555, Mandaluyong City
ACCOUNTABILITY MECHANISM OF ADB
The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main