The Philippines is considering partnering with Japan to revive three rail projects after Beijing turned down an earlier request for funding. Photo: Shutterstock/File
The Philippines is considering partnering with Japan to revive three rail projects after Beijing turned down an earlier request for funding. Photo: Shutterstock/File

Philippines considers pivot to Japan to help finance railway projects, after funding shortfall stalls China deals

  • The new Marcos administration is trying to finance three rail projects after Beijing turned down the previous government’s request for funding
  • In 2012, another China-backed railway plan, the Northrail project was dropped after former president Benigno Aquino said the initiative was overpriced

The Philippines is considering partnering with Japan to revive three rail projects after Beijing turned down an earlier request for funding. Photo: Shutterstock/File
The Philippines is considering partnering with Japan to revive three rail projects after Beijing turned down an earlier request for funding. Photo: Shutterstock/File
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