ICTSI a subsidiary of Meralco will revive the container rail service form Manila to Calamba in the span of two years for P10 Billion Pesos.
"When this is operational, the number of trucks [hauling 40-foot containers] that you see on the road today, will be reduced by a minimum of 200 trucks per day to as many as 600 trucks per day... That's going to provide a very significant benefit to our road system," he said.
 Support 1 63 Support 2 61 Resistance 1 65 Resistance 2 67 ICTSI is currently near support -accumulate near support and set cutloss once break.  Support 1 - 320 Support 2 -307 Resistance 1 - 326 Resistance 2 - 347 Meralco is currently near resistance, once breaken that will be your new support. |
Saturday, August 6, 2016
Meralco, ICTSI investing P10b in Laguna Rail Project
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