Big Chinese firm eyes LRT 1 extension project

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.

Despite territorial tensions between Beijing and Manila, China Railway Construction Corp. (CRCC), China’s second-biggest state-owned construction company, has signified its interest in taking on the Light Trail Transit (LRT) South Extension project to be bid out this year. But instead of participating in the bidding process for the project, the Chinese company’s partner, Reghis Romero [...]

Posted: June 11th, 2012 in Editor's Pick,Headlines | Read More »

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