Writer: Office of Rep. Karlo Alexei Nograles
10 May 2011 03:02:10 PM

http://congress.gov.ph/press/details.php?pressid=5080

House Assistant Majority Leader and Davao City Congressman Karlo Alexei Nograles today lauded President Aquino for his full support for an increased nautical linkages among ASEAN (Association of

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Nograles noted that the Mindanao Railway is already in the advanced stage of its feasibility study and the state-run Saudi Fund for Development has expressed interest in providing as much as $1.3 billion in cheap financing to fund the project.

The planned Mindanao railway is made up of a network of lines linking Cagayan de Oro to Iligan, Iligan to Zamboanga City, and Cagayan de Oro to Agusan and Surigao, as well as extensions to the cities of Davao and General Santos.