JAPANESE conglomerate Hitachi Ltd. has set its eyes on winning the contract for at least two transportation mega deals in the Philippines, negotiating with Filipino companies for possible partnership.
Hitachi Rail System Global Chief Strategy Officer Shinya Mitsudomi said his group wants to participate in the bidding for the P277-billion Mega Manila Subway and the P255-billion Manila-Clark Railway, both of which will be funded through Tokyo’s official development assistance.
“We are very much interested in participating in the rail projects of the Philippines,” he said. “The projects we are now focusing on are the Tutuban to Clark Airport Railway; another project might be the Metro Manila Subway.”
The group has also started talking with “several” Filipino companies for a possible partnership for the two deals. He did not disclose which groups Hitachi is in talks with but noted that these are “new players” and “existing rail operators” alike.
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