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Government takeover of MRT eyed

MRT

An official of the Department of Transportation and Communications (DOTC) admitted to lawmakers that the government would flip and rebid the Edsa Metro Rail Transit (MRT) after buying out the current private owners of Metro Manila’s decaying transport system.

Posted: November 26th, 2014 in Latest Business Stories | Read More »

DOTC woos UK investors for PPP deals

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Puerto Princesa airport (in photo) is one of six provincial airport deals that will be ready for rollout in the fourth quarter of 2014 under the public-private partnership program. The Department of Transportation and Communications made a pitch to British investors and trade officials Thursday as it seeks to drum up interests for upcoming infrastructure deals under the administration’s PPP program.

The Department of Transportation and Communications made a pitch to British investors and trade officials Thursday as it seeks to drum up interests for upcoming infrastructure deals under the administration’s public-private partnership program.

Posted: September 19th, 2014 in Latest Business Stories | Read More »

DOTC to put off MRT 3 fare hike for now

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Philippine Ratings Services Corp., a debt watcher, has upgraded the rating of the Metro Rail Transit Line 3’s debt.

The Department of Transportation and Communications (DOTC) has decided to put off a fare increase for the busy Metro Rail Transit Line 3 possibly until 2015, determining that services will have to improve first, a government official said on Thursday.

Posted: September 19th, 2014 in Latest Business Stories | Read More »

SM pushes ‘constructive dialogue’ on rail station

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SM Investments vice chair Teresita Sy-Coson: We’re keen on finding a solution. CONTRIBUTED PHOTO

Listed conglomerate SM Investments Corp. said it was open to a “constructive dialogue” with the Department of Transportation and Communications (DOTC) over the location of a railway common station in Quezon City that has held back the awarding of a major public-private partnership (PPP) deal.

Posted: September 11th, 2014 in Editor's Pick,Headlines | Read More »

Common cents

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Our lovable DOTC, the Department of Transportation and Communications, which in the past four years under the Aquino (Part II) administration had yet to do just a single project meaningful to the public, recently got embroiled in another troublesome issue.

Posted: June 12th, 2014 in Columnists,Inquirer Columns | Read More »

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