Author Topic: Mindanao Railway Corp / Authority  (Read 61 times)

adroth

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Mindanao Railway Corp / Authority
« on: October 09, 2018, 11:17:13 PM »
Senate Bill No. 3095
Author: Aquilino Pimentel

Senate Bill No. 103 (Mindanao Railway Act)
Author: Richard Gordon
« Last Edit: October 09, 2018, 11:25:47 PM by adroth »

adroth

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Re: Mindanao Railway Corp / Authority
« Reply #1 on: October 09, 2018, 11:17:22 PM »
Press Release
February 4, 2016 0
Pimentel seeks the establishment of a Mindanao Railways Corp.

http://senate.gov.ph/press_release/2016/0204_pimentel1.asp

Senator Aquilino "Koko" Pimentel III today sought the establishment of a Mindanao Railways Corporation (MRC), prescribing its powers, functions and duties and proposed to allocate an authorized capital of P100 billion to hasten the development of the entire archipelago.

He said the collective experience of Japan, Canada, the United States and most of Europe showed how railroad networks have spurred and sped up the national development of these highly developed nations around the world.

"In these nations, railroads opened up vast land areas for human settlement and made it possible to transport tremendous number of people and huge volume of goods at the lowest cost," said Pimentel in his explanatory note in Senate Bill No. 3095 filed last January 25.

He said the influx of people into areas previously unsettled, the easy mobility of the populace, and the availability of goods and services needed for civilized life resulted into higher productivity of the land and its people in those nations.

"A railroad network crisscrossing Mindanao will considerably shorten the travel time between Zamboanga and my hometown, Cagayan de Oro, or Davao and Cagayan de Oro," Pimentel added.

The railroad network, he said, would mean a reduction of the travel cost for the people and for the transportation cost of the goods whose end destination is the Visayas or Luzon, or beyond our northern shores, or vice versa.

"We must benefit from the experience of other countries whose railway systems up to today provide people and goods the cheapest and fastest way of mass transit movement," said Pimentel, who is also the chairman of the Senate Committee on Justice and Human Rights.

The MRC would exist for a term of fifty years under government ownership, being a factor for socio-economic development and growth and as part of the national government's infrastructure program, he said.

The proposed authorized capital stock of the MRC is P100 billion divided into P500 million common shares all with par value of P200 each, fully subscribed by the national government and other public institutions, of which P20 billion would be initially paid up by the government.

He said the balance of not less than P2 billion would be paid from a continuing annual appropriation out of any funds of the national treasury not otherwise appropriated until the authorized capital subscribed by the government would have been paid in full.

The proposed MRC would be authorized to secure loans and credits under the administration of a board of directors, headed by a chairman who would be appointed by the President. It would be exempted from the control of the Land Transportation Franchising and Regulatory Board.

Pimentel proposed to establish the main office of the MRC, which would become an attached agency of the Department of Transportation and Communication, in Cagayan de Oro City. It would be authorized to own or operate railroad trainways, subways, bus lines, trucklines, vessels and pipelines.

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Re: Mindanao Railway Corp / Authority
« Reply #2 on: October 09, 2018, 11:24:09 PM »
August 22, 2016
GORDON TO PRESIDE HEARING ON CREATION OF MINDANAO RAILWAY TODAY

http://senate.gov.ph/press_release/2016/0822_gordon1.asp

Taking another step towards the creation of a railway system in Mindanao that would spur development in the island, Senator Richard J. Gordon will conduct a hearing today to discuss proposed measures calling for the creation of an agency that would oversee the construction and operation of the Mindanao railway.

Gordon, chairman of the Senate Committee on Government Corporations and Public Enterprises, will preside the hearing which will be conducted jointly with the Committees on Public Services; Ways and Means; and Finance.

"Having a railway in Mindanao would bring in much-needed development in the island that we call the Land of Promise. Aside from providing cost-efficient and speedy means of travel for people, trains also facilitate trade and commerce through the transport of cargo and agricultural products, promoting tourism, providing jobs, and relieving traffic, among others. Trains contributed largely to the economic development of countries like the United States, United Kingdom, Germany, Japan, Korea and others. In America, the completion of the first transcontinental railroad in 1869 made possible a six-day trip from New York to San Francisco, helped shape the landscape and geography, brought thousands of westward-bound immigrants to the American West and opened new townships," the senator pointed out.

"If we have a train in Mindanao, the construction, alone, would provide jobs. Once it is operational, the farmers there will be able to move their products easier. It would create opportunities for Mindanaoans. I have always believed that the rebellion in Mindanao is spurred by the lack of opportunities produced by the absence of proper governance there. It is difficult for farmers to bring their produce to the market and there is insufficient means of livelihood that's why people there turn to guns," he added.

Aside from proposed measures calling for the creation of an agency that will spearhead the construction and operation of a Mindanao railway, Gordon said proposed measures calling for the restoration and rehabilitation of the existing lines of the Philippine National Railways will also be discussed.

"We already had trains as early as the 1880s. We had trains going from the Tutuban Central Terminal to as far as Damortis in La Union and Legazpi City in Bicol. We even had trains in Cebu, Panay and Negros. But we let them go. If we improve our railways system and create new ones, we will not only spur development, but also decongest Metro Manila and the other congested urbanized cities across the country. It will also promote tourism. President Gloria Arroyo had the right idea when she made an effort to get the North Rail Project underway," he noted.

Gordon's Senate Bill No. 103 or the Mindanao Railway Act, which aims to create the Mindanao Railway Corporation, an agency that would be authorized to establish and maintain an efficient railway system, will be among the proposed measures to be taken up.

"To invest money and time in the Mindanao Railway System would be risky beyond anything ever before attempted, but when it is completed, it would link the entire island of Mindanao, forever changing the nature of Mindanao's politics and economy," he said.

Gordon has long been proposing the development of what is tagged as the country's Food Basket, thus he authored Republic Act 9996 or the Mindanao Development Authority Act of 2010.