A modern, fast and reliable railroad system that can transport commuters and cargo over long distances is a major factor that will open new real estate markets outside Metro Manila; will mitigate massive human congestion therein and stimulate economic growth in the countryside.

But with the way the Philippine National Railways (PNR) rehabilitated the Southrail Line – from Tutuban to the Bicol Region – what we have is a railroad system that is neither modern, fast nor reliable.

If our railroad system is to live up to its full potential, its modernization should be left in the hands of the private sector. And if there’s one company that has the motivation, vision, ability and financial muscle to do it, it is Ayala Corporation. (more…)