MPIC proposes to integrate operations of MRT-3, LRT-1

Conglomerate Metro Pacific Investments Corp. (MPIC) plans to pour in at least P50 billion to operate the country's two major commuter rail system in an integrated manner.

-  RICHMOND MERCURIO

Jose Ma. Lim, MPIC non-executive director and former president and CEO of the group, told The STAR in an interview that the company has submitted an unsolicited proposal for the integration of the Metro Rail Transit Line 3 (MRT-3) and the Light Rail Transit Line 1 (LRT-1).

"The purpose is to operate MRT-3 and LRT-1 in an integrated manner. So that was the motivation for us, so we submitted a proposal," he said.

Lim said the proposal is divided into two parts, with capital expenditure requirements for the first tranche seen at about P50 billion.

"And we will of course take over the Dalian trains, the MRT trains, and add I think the 77 light rail vehicles (LRVs), the train sets," he said.