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Philippines

MPIC and Hartasuma agree partnership for rail infrastructure projects

Infrastructure investor Metro Pacific Investments Corporation (MPIC) and Malaysian rail vehicle and services company Hartasuma have agreed on a strategic partnership. Plans include rail vehicle refurbishment and ropeway system development, as well as enhancing local manufacturing and supply chain capabilities. In addition, MPIC plans to participate in future public-private projects (PPP) in the urban rail sector.