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After dropping Chinese funding for the Mindanao Railway Project , the Department of Transportation is also overhauling the entire project to prioritize the development of a modern and environment-friendly railway system in the southern Philippines.“We need to finalize the study.
Bautista said the DOTr is coordinating with the Department of Finance to look for potential funding.On September 22, 2023, then-Finance Secretary Benjamin Diokno sent a letter to Chinese Ambassador Huang Xilian informing him that the country would no longer pursue loan financing for the MRP from China.
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