Ejercito: Revive PNR lines to spur growthhome/News/Nation/Ejercito: Revive PNR lines to spur growthSEN. Joseph Victor “JV” Ejercito on Friday pushed for the revival of the existing Philippine National Railways (PNR) lines in both the northern and southern parts of the country to spur economic growth.|“The railway system could serve as the backbone of our economy, it will create growth nodes and spread out development across the countryside,” Ejercito said. According to Ejercito, the country was lagging at least 15 to 20 years in terms of infrastructure development, including the mass transport system. The construction of an efficient network of railway system would cost the government a huge amount of money and investment, but the returns to the economy would be enormous, he said. However, the lawmaker said only an efficient, reliable, cost-effective, environment-friendly and modern railway system, which moves people and goods faster could be the catalyst for economic growth. Ejercito has laid out initial plans for the restoration of the railway system with Japanese companies as the potential partner for the project.

Source: Manila Times February 01, 2019 17:37 UTC