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US expands funding for rail pre-feasibility study - BusinessWorld Online

Summary by bworldonline.com
THE US Trade and Development Agency (USTDA) has increased funding for the pre-feasibility study of the Subic-Clark-Manila-Batangas (SCMB) railway to $3.8 million, according to the Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA). “The US has ramped up its support for the Philippines’ ambitious infrastructure drive, approving a major grant increase for the pre-feasibility study of the SCMB Freight Rai…

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Philstar Global broke the news in Manila, Philippines on Sunday, May 4, 2025.
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