ACCIONA wins €560 million railway contract in the Philippines
ACCIONA will build a second section of the railway line that will connect the city of Malolos with Clark International Airport in the Philippines, 50 miles north of the capital Manila. The contract is valued at US$656 million (€560 million), making it the largest contract ever won by ACCIONA in the country.
The Department of Transportation of the Philippine government has awarded the project to an ACCIONA-led joint venture, which also includes Korean group Daelim. The project includes the construction of a railway line with a 16-kilometer overpass. The planned construction period is four years.
The contract has the financial backing of the Asian Development Bank and the Japan International Cooperation Agency.
ORFISA collaborated with ACCIONA and DAELIM develop the tender