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ADB willing to fund Mindanao Railway Project - BusinessWorld Online

Summary by bworldonline.com
THE ASIAN Development Bank (ADB) said it is ready to finance the Mindanao Railway Project, with the long-delayed rail line still needing a source of funding after China withdrew support. “We would be willing to fund it, if we were asked,” ADB Country Director for the Philippines Andrew Jeffries told BusinessWorld on Wednesday.  Earlier this month, Transportation Undersecretary for Railways Timothy John R. Batan said the Department of Transportat…

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ADB willing to fund Mindanao Railway Project - BusinessWorld Online

THE ASIAN Development Bank (ADB) said it is ready to finance the Mindanao Railway Project, with the long-delayed rail line still needing a source of funding after China withdrew support. “We would be willing to fund it, if we were asked,” ADB Country Director for the Philippines Andrew Jeffries told BusinessWorld on Wednesday.  Earlier this month, Transportation Undersecretary for Railways Timothy John R. Batan said the Department of Transportat…

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bworldonline.com broke the news on Wednesday, May 20, 2026.
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