MinDA chief Leo Tereso Magno announced that six to seven private entities have shown interest in supporting the Mindanao Railway. The initiative aims to enhance regional connectivity and economic development. The funding proposals are part of broader efforts to modernize infrastructure in the region. The government is currently evaluating the potential contributions from these private groups. The Mindanao Railway is expected to improve transportation and stimulate local economies. The project remains in the planning phase with no official start date yet.