Lawmakers move to finance the Mindanao Railway System

Mindanao lawmakers have a practical way to finance the first phase of the proposed
Mindanao Railway System (MRS) Project.
Rep. Rufus Rodriguez and his rother! "ante Mindanao Rep. Ma#imo Rodrgiuez
are pushing for the enactment of $% &'() which would earmark and appropriate the
proceeds of the privatization and sale of the old *umia "irport in +agayan de ,ro +ity to
finance the MRS project.
-.ith the opening of the *aguindingan /nternational "irport in *aguindingan!
Misamis ,riental in 0une last year! the old *umia "irport is not eing used anymore!1 the
Rodriguez rothers revealed.
2he authors noted reports that the *umia "irport will e privatized through a
pulic process in accordance with 3#ecutive ,rder 4o. 565! which covers the rules on the
government7s privatization program.
-2his has een confirmed y the 8epartment of 2ransportation and
+ommunication!1 Rodriguez added.
2he authors also recalled statements y the 8epartment of 2ransportation and
+ommunication (8,2+) that the proceeds of the privatization of the old *umia "irport
in +agayan de ,ro +ity can e used to finance other government infrastructure programs.
2he MRS project is one of the more notale and impact projects of government for
Mindanao from +agayan de ,ro +ity to /ligan +ity and passing through the modern
*aguindingan /nternational "irport.
-/t stands to reason therefore that the proceeds of the privatization of the old
*umia "irport e devoted e#clusively to finance the +agayan de ,ro9/ligan Railway
project!1 the authors argued.
$% &'() has een pending with the $ouse +ommittee on 2ransportation since
March :'! 6':&. +ongress opens its second regular session in 0uly when the President
delivers his annual State of the 4ation "ddress (S,4") efore a joint session of the :;
th
+ongress. (5') dpt
NR # 3527B
JULY 14, 2014

Sign up to vote on this title
UsefulNot useful