Improving the mass transportation system in Manila
what
Economic losses of PHP 3.5 billion (SEK 657 million) a day are attributed to traffic congestion in Metro Manila. The Philippine capital had an average travel time of 25 minutes and 30 seconds per 10 kilometers in 2023, compared to 24 minutes and 50 seconds in 2022. It has a congestion level of 52 percent.
how
The Department of Transportation (DOTR) announced big ticket projects to improve and expand the country’s mass transportation system including the Manila Subway, and expansion of the Light Rail Transit Line 2 (LRT-2).
call to action
Swedish rail related technology companies can explore investment opportunities in the Philippines by supporting big ticket rail projects and bid for procurement requirements of the PH government. Team Sweden is current actively in conversation on a freight rail connecting the ports of Subic Clark, Manila and Batangas which has the support of the Swedish Government as a SPO.
Contact Johan.Lennefalk@business-sweden.se to learn more.