Clark (Angeles City) to Subic proposed railway will attract investors says Trade and Commerce expert in the Philippines

The Clark-Subic railway project will attract more investors and spur development in the entire Central Luzon region.

This was stated by businessman Rene Romero, vice chair of the Pampanga Chamber of Commerce and Industry, Incorporated (PamCham) and president of the Romac Group of Companies.
Romero said that Clark-Subic intermodal railway project, which will be more on cargo train, will be more attractive to investors.

Finished goods and raw materials will be directly taken to the Clark without passing Metro Manila, he said.

Clark Freeport will be more efficient if it has connectivity to the [Subic] seaport, according to Romero.

“We need a train to interconnect fully Clark and Subic. We need a seaport especially when the Clark Green City is already there,” he said.

Romero said that he was informed that the Bases Conversion Development Authority (BCDA) is prioritizing the construction of the railway that will connect Clark to the end line of the P97 billion North-South Commuter Rail in Malolos in Bulacan.

“I personally welcome the plan to construct Subic to Clark railway. I was informed by BCDA that definitely the train from Malolos [in Bulacan] to Clark will be finished before they will implement the Subic-Clark railway. There will be connectivity [between the two freeports] and that is good,” Romero said.

The businessman also cited the need to construct railway systems that will connect Clark and La Union to the North and Baler in Aurora to the East.

“We will have our own train system north of Manila. Clark will become the country’s center of trade and investments. This early, we should prepare Clark to have access to various points in Luzon island,” Romero said.

http://www.sunstar.com.ph/pampanga/business/2016/11/10/trader-clark-subic-railway-will-attract-investors-508598