The Department of Transportation (DOTr) pitched several railway contracts to foreign investors in Singapore as part of its push to accelerate infrastructure development through public-private partnerships, according to Philstar Biz.
The presentation covered various rail projects that the government is opening to private sector participation, aiming to leverage private capital and expertise to address the country's transport infrastructure gaps. The specific projects and their financial details were not disclosed in the report.
The roadshow in Singapore is part of the DOTr's broader strategy to attract foreign investment into the Philippines' rail sector, which has seen renewed interest under the current administration's infrastructure modernization program.