MANILA (Xinhua): The Philippine government has signed a commercial contract worth US$2.8bil with Chinese contractors to build the "fastest and longest railway" in the country that connects southern Luzon provinces, China's Ambassador to the Philippines Huang Xilian said in a statement on Tuesday (Jan 18).
Philippine Transportation Secretary Arthur Tugade signed on Monday the first package of Philippine National Railway South Long Haul Project (PNR Bicol) with a joint venture consisting of China Railway Group Ltd., China Railway No.3 Engineering Group Co. Ltd., and China Railway Engineering Consulting Group Co. Ltd..
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