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.
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).
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.
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.
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.
President Aquino has approved the Department of Transportation and Communications’ plan to take over the Metro Rail Transit Line 3, which was estimated to cost the government roughly $1 billion.
The proposed government takeover of the Metro Rail Transit (MRT) train line, which deviates from the existing policy of privatizing infrastructure projects, is now up for the President’s approval.
Transportation and Communications Secretary Joseph Emilio Abaya on Thursday said the MRT takeover, spearheaded by the Department of Finance, was now “in its advanced stages and just a few steps away from fruition.”
Sumitomo Corporation of the Philippines continues to monitor the progress of MRT 3 and expressed satisfaction that the service had been running smoothly since Oct. 19, when Sumitomo turned over the system to an interim maintenance contractor.
The government is preparing to take over the Metro Rail Transit (MRT) line 3 as it draws up plans to buy out private groups invested in the commuter train system.
Japanese industrial giant Sumitomo Corp. may make another bid for the long-term contract to maintain the Metro Rail Transit (MRT) train line on Epifanio de los Santos Ave.
Indeed, these are exciting times for us: the canonization of another Filipino, St. Pedro Calungsod; the Mindanao peace agreement; and the rare appearance of our leader, Benigno Simeon (a.k.a. BS), at the concert of foreign bands in Smart-Araneta, even “dateless” at that.
The Metro Rail Transit (MRT) line’s previous maintenance contractor has urged the government to consider halting the train line’s operations until the existing signaling system for trains is replaced.
