Hartford, Connecticut, USA (March 5, 1906 (1906-03-05))
Headquarters
Huervana Street, La Paz, Iloilo City
,
Philippines
Area served
Panay
Key people
Antonio Balgos, Chairperson Averill Amor, CEO
Total assets
₱292,953,706.96 (2020)
Total equity
₱273,630,089.56 (2020)
Owner
Government of the Philippines
Number of employees
10
Parent
Philippine Veterans Investment Development Corporation
Panay Railways Inc. is a government-owned and controlled corporation of the Philippines headquartered in La Paz, Iloilo City on the island of Panay. It is a subsidiary of Phividec Railways Inc. of the Philippine Veterans Investment Development Corporation (Philvedec).[1] The railway currently doesn't operate any trains but it leases the property that it owns and the revenue is used to defray the personnel and administrative costs incurred from looking after its assets.[2]
The company has been owned in succession by the Rehabilitation Finance Corporation which became the Development Bank of the Philippines (1945–74), and then it was sold to the Philippine Veterans Investment Development Corporation (Philvedec) (1974–79)[2][3] In 1979, management and operations were transferred to the Philippine Sugar Commission (Philsucom) which changed the company's name to the current Panay Railways, Inc.[2][4] On September 26, 1995, PHIVIDEC re-took ownership of Panay Railways from the Sugar Regulatory Administration, Philsucom's successor.[2]
^"Panay Island Railway System Project Revival A Potential Tourism Booster". Manila Bulletin. March 26, 2013. Retrieved May 10, 2014.
^ abcdCite error: The named reference DOTC was invoked but never defined (see the help page).
^Cite error: The named reference Salvilla was invoked but never defined (see the help page).
^Valencia, Lynda (January 30, 2000). "DOTC revive Panay Railway to the tune of P3 billion". Philippine News Agency. Retrieved May 10, 2014.
PanayRailways Inc. is a government-owned and controlled corporation of the Philippines headquartered in La Paz, Iloilo City on the island of Panay. It...
Panay is the sixth-largest and fourth-most populous island in the Philippines, with a total land area of 12,011 km2 (4,637 sq mi) and has a total population...
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of the Philippines, located on the southeastern coast of the island of Panay. It is the capital city of the province of Iloilo, where it is geographically...
1989, PanayRailways operated a railroad from Roxas City to the port area of Muelle Loney along the Iloilo River in Iloilo City. A revival of Panay Railways...
1907 to the 1980s, PanayRailways operated a railroad from Roxas City to the port area of Iloilo City Proper. In 2022, PanayRailways announced its opening...
Transportation portal Railways portal Philippines portal Department of Transportation List of Philippine National Railways stations PanayRailways Rail transportation...
track in the world, which are classified as narrow gauge railways. 1795 One of the first railways to use 3 ft 6 in (1,067 mm) gauge was the Little Eaton...
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revive the southern line are around as of 2015. PanayRailways is a company that ran rail lines on Panay until 1989 and Cebu until World War II. Motorized...
(1809–1883), B&O 1848–1853 Swift, Charles M. (1854–1929), Meralco, PanayRailways, various Michigan companies Swinburn, Charles (b. 1942), RailAmerica...
by a group of Scottish expatriates involved in building the Panay line of PanayRailways, completed the same year. It opened to the public in 1913 as...
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modern-day population centers such as Manila, Tondo, Pangasinan, Cebu, Panay, Bohol, Butuan, Cotabato, Lanao, Zamboanga and Sulu as well as some polities...
Mukden incident in 1931, the Japanese shelling of the American gunboat USS Panay in 1937, and the 1937–1938 Nanjing Massacre, Japanese-American relations...
as follows: thirteen mills on Negros, six mills on Luzon, four mills on Panay, three mills in Eastern Visayas and three mills on Mindanao. Sugarcane is...
National High School 2009-08-01 9682 Local Exchange Network Franchise: Panay Telephone Corporation (PANTELCO III) 2009-08-04 9683 Declaring Every September...