The Department of Transportation has secured a P200-million grant from the Project Development and Monitoring Facility (PDMF) for Mindanao Railway Project Phase 3 and San Mateo Railway Project feasibility studies.
Transportation Assistant Secretary Leonel De Velez said P100 million for each project had been approved by the PDMF committee. The PDMF, meanwhile, is a revolving fund managed by the PPP Center.
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