CEZA inks maglev train manufacturing agreement with two China companies
The Philippines may soon see its first manufacturing hub for magnetic levitation (maglev) trains, considered as the world’s fastest and most advanced commuter train, after the Cagayan Economic Zone…
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Secretary Raul L. Lambino (second from right), Cagayan Economic Zone Authority Administrator and CEO, Safe Zone Philko Trading Corp. Chairman Jung Hwan-Soon (right), and GL Tech Chairman Kang Byung…
$1-billion maglev research hub to rise in Cagayan ecozone
The Cagayan Economic Zone Authority (Ceza) has announced that it has inked a tripartite memorandum of understanding (MoU) with two Chinese companies to develop a maglev research and development …
USD1-B regional R&D hub for Maglev trains eyed in Cagayan ecozone
MANILA — Cagayan Economic Zone Authority (CEZA) Administrator and Chief Executive Officer Raul Lambino and two Chinese firms have signed a memorandum of understanding (MOU) to establish a regional…
2 Chinese firms aim to produce ‘world’s fastest trains’ in Cagayan
Two Chinese companies want to produce what they claimed to be the world’s fastest trains in Cagayan with an initial project cost of $1 billion, the Cagayan Economic Zone Authority (Ceza) said.
Ceza…
HK firms eye Maglev trains R&D and production in PH
Hong Kong-based firms engaged in technology and finance have proposed to establish the first training and production center in the Philippines for Maglev (magnetic levitation) trains, the world’s f…
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