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Only Chinese firm left in bidding for MRT expansion

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For the expansion of the Metro Railway Transit, the Department of Transportation and Communications announced the P3.76-billion financial proposal of China’s Dalian Locomotive & Rolling Stock Co. CNR Group satisfied the eligibility requirements during the opening of its offer late Tuesday. INQUIRER file photo

The transportation department is now evaluating a single proposal by a Chinese manufacturer for the P3.77-billion expansion of the Metro Railway Transit’s capacity through the addition of more trains after another firm was disqualified and three would-be bidders did not submit bids at all.

Posted: June 12th, 2013 in Latest Business Stories | Read More »

Group submits rapid bus transit plan to DOTC

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Filipino consortium Philtrak Inc. submitted to the Department of Transportation and Communications (DOTC) its feasibility study for its rapid bus transit proposal for the Manila Bay area, Philtrak president and CEO Francis Yuseco Jr. said on Friday.

Posted: June 9th, 2013 in Headlines | Read More »

SMC appeals disqualification from P1.7B LRT smart card project bidding

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A San Miguel-led consortium has petitioned the government to reconsider its disqualification from the P1.72-billion public-private partnership (PPP) project that seeks to introduce contactless-based smart card technology into the metropolis’ light railway transit (LRT) system.

Posted: May 20th, 2013 in Latest Business Stories | Read More »

Our offer’s better, says plates bidder

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Logo taken from http://www.dotc.gov.ph

A bidder for the Land Transportation Office’s (LTO) P3.8-billion license plate supply deal on Friday asked the Department of Transportation and Communications (DOTC) to reconsider the firm’s disqualification, saying that taxpayers and motorists stand to recognize significant cost savings in case its proposal is chosen.

Posted: May 11th, 2013 in Latest Business Stories | Read More »

5 groups to bid for P1.72B smart card contract

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The government’s next public-private partnership (PPP) project—a smart card technology for Manila’s elevated railways—had just gotten off the ground. But the initial bid proceedings for the lucrative government contract was far from smooth.

Posted: May 9th, 2013 in Headlines | Read More »

DOTC, PNR to pursue $2.5B railway project

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Logo taken from http://www.dotc.gov.ph

The transportation department is moving forward with a “long-overdue” proposal for a $2.5-billion public private partnership (PPP) project meant to further develop and upgrade Luzon’s railway system, whose largest operator is the state-run Philippine National Railways (PNR).

Posted: May 6th, 2013 in Latest Business Stories | Read More »

DOTC to bid out MRT-3 tickets supply contract

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The Department of Transportation and Communications is bidding out a contract for the supply and delivery of magnetic tickets for the Metro Rail Transit Line 3 (MRT 3), a published notice showed.

Posted: April 21st, 2013 in Headlines | Read More »

MRT, LRT fare project hit by S. Korea-backed firm

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A South Korean-backed firm is crying foul over the government’s alleged refusal to recognize the company’s unsolicited proposal for an automated fare system for Metro Manila’s train lines, submitted months before plans for any such project.

Posted: March 18th, 2013 in Headlines | Read More »

Biz Buzz: Game changer

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The flagship development at the Entertainment City complex of Philippine Amusement and Gaming Corp. is set to open on Saturday with all the glitz and glamor tycoon Enrique Razon Jr. is known for.

Posted: March 13th, 2013 in Headlines | Read More »

DOTC prepares for MRT contract bidding

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The Department of Transportation and Communications has started preparations for the bidding of the operations and maintenance (O&M) contract for the Metro Rail Transit to improve services for the line’s 500,000 daily passengers.

Posted: March 13th, 2013 in Headlines | Read More »

Mactan-Cebu international airport to refuse entry of new flights pending rehab

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Mactan Cebu International Airport. CDN FILE PHOTO

Like its bigger brother the Ninoy Aquino International Airport (NAIA) in Manila, the Mactan-Cebu International Airport (MCIA) is now refusing the entry of new flights pending improvements in its outdated facilities.

Posted: February 27th, 2013 in Latest Business Stories | Read More »

Gov’t guarantees profitability of LRT operator

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The government says it will provide a guarantee to ensure the profitability of the company that will eventually win the contract to operate and manage the Light Rail Transit (LRT) line 1 system.

The government will provide a guarantee to ensure the profitability of the company that will eventually win the contract to operate and manage the Light Rail Transit (LRT) line 1 system.

Posted: February 25th, 2013 in Editor's Pick,Headlines | Read More »

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