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Thursday, November 28, 2024

DOTr: Japan to support critical transport projects

Transport projects are expected to be sustained beyond the administration of President Ferdinand R. Marcos Jr. with the continued support from Japan, Transportation Secretary Jaime Bautista said.

Bautista cited the continued support of the Japan International Cooperation Agency (JICA) to the country’s transport sector which has been ongoing during 67-year diplomatic relations between the Philippines and Japan.

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“We would like to believe the Department of Transportation is at the forefront of sustaining the harmonious relations between our two countries primarily through support to game-changing transport infrastructure projects,” Bautista said during the 50th anniversary of the Japanese Chamber of Commerce and Industry of the Philippines.

With the government’s budget limitation, Japan’s official development assistance will sustain the implementation of transport projects beyond Marcos’ term, he added.

“We hope stakeholders like the Japanese Chamber of Commerce and Industry of the Philippines would see the endless investment possibilities in the Philippines towards boosting the country’s economic growth and addressing the social needs of Filipinos,” Bautista said.

With JICA assistance in the Philippines worth over PHP1.5 trillion, the government is able to pursue transport infrastructure projects such as the North-South Commuter Railway, Metro Manila Subway, Light Rail Transit Line 1 Cavite Extension and Metro Rail Transit Line 3 rehabilitation, Bautista said.

He added JICA is also funding the upgrade of the country’s Communication, Navigation and Surveillance/Air Traffic Management System and the construction of the modern Bohol-Panglao International Airport, while JCCIPI members may likewise bid for the privatization of the Ninoy Aquino International Airport.

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