Hitachi Railway is in Philippines Market for $4.4 bln

Hitachi Railway is in Philippines Market for $4.4 bln :Japanese conglomerate Hitachi Ltd said it is in talks with the Philippines government for a 200 billion pesos ($4.4 billion) railway project in Clark Green City north of the capital, the BusinessWorld reported, citing a company official.

“We are working with the government and the private sector. Clark development is one of the projects we are currently trying to engage in. They need transportation,” Hitachi Chief Executive for Asia Pacific Ichiro Iino told reporters.

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