Facebook Pixel Gov't eyes bidding for LRT-2, MRT-3 contracts in early 2026 | Business World Philippines - newspaper - Bu hikayeyi Magzter.com'da okuyun
Magzter GOLD ile Sınırsız Olun

Magzter GOLD ile Sınırsız Olun

Sadece 9.000'den fazla dergi, gazete ve Premium hikayeye sınırsız erişim elde edin

$149.99
 
$74.99/Yıl

Denemek ALTIN - Özgür

Gov't eyes bidding for LRT-2, MRT-3 contracts in early 2026

Business World Philippines

|

September 29, 2025

THE Department of Transportation (DoTr) aims to start the bidding process for the operations and maintenance (O&M) of Light Rail Transit Line 2 (LRT-2) and Metro Rail Transit Line 3 (MRT-3) within the first half of 2026.

- Ashley Erika O. Jose

“The bidding of LRT-2 (O&M contract) will definitely be by the first half of next year. We will be submitting it to DEPDev (Department of Economy, Planning, and Development) simultaneously with the bidding of MRT-3,” Transportation Undersecretary for Railways Timothy John R. Batan told reporters on the sidelines of Arangkada Investments Forum 2025 last week.

The government is adopting a dual track for the privatization of the MRT-3, he said, noting the DoTr will not turn away any unsolicited proposals while it is soliciting bids.

The government is targeting to implement the solicited bidding process for the MRT-3 project by early next year, Mr. Batan said.

“We are on dual track for MRT-3. We are pursuing a solicited together with the ADB (Asian Development Bank). But we are also open to unsolicited proposals,” he said.

The Transportation department has also hinted at receiving an unsolicited proposal for the operations and maintenance of MRT-3, though Mr. Batan declined to name the proponent, referring only to the group as one of the “usual suspects.”

“We actually think that a proposal, an unsolicited proposal will be submitted very soon. So, once that is submitted, we will definitely look at that seriously,” he said.

Mr. Batan said a proponent has expressed interest, but a formal proposal has yet to be submitted.

Business World Philippines'den DAHA FAZLA HİKAYE

Business World Philippines

Demanding US Open

The beauty of the United States Open is that it never pretends to be anything other than what it is: golf's annual exercise in . discomfort.

time to read

2 mins

June 19, 2026

Business World Philippines

BSP keeps door open to more hikes

THE BANGKO SENTRAL ng Pilipinas (BSP) raised interest rates for a second straight meeting on Thursday and signaled further measured hikes amid broadening spillover effects of oil shocks stemming from the Middle East war.

time to read

4 mins

June 19, 2026

Business World Philippines

Business World Philippines

The BSP tightens: Investing in policy credibility

By the time this article is published, the Bangko Sentral ng Pilipinas (BSP) will have raised its policy rate once again.

time to read

5 mins

June 19, 2026

Business World Philippines

Diaz shines as Colombia beats Uzbekistan, 3-1

Colombia winger Luis Diaz dazzled at a raucous Azteca Stadium as his side marked their return to the World Cup with a 3-1 Group K win over tournament debutants Uzbekistan on Wednesday.

time to read

1 min

June 19, 2026

Business World Philippines

Business World Philippines

Banks' agri loans near P3 trillion as of March

PHILIPPINE BANKS lent nearly P3 trillion to the domestic agriculture sector in the first quarter, exceeding the minimum required financing, preliminary Bangko Sentral ng Pilipinas (BSP) data showed.

time to read

3 mins

June 19, 2026

Business World Philippines

England takes over in 2nd half to beat Croatia in World Cup opener

HARRY KANE scored a firsthalf brace, Jude Bellingham and Marcus Rashford added goals after halftime and England kicked off its World Cup with a 4-2 victory over Croatia on Wednesday in an entertaining Group L clash at Arlington, Texas.

time to read

1 mins

June 19, 2026

Business World Philippines

Business World Philippines

Undersized Brownlee powers Gin Kings to Commissioner's Cup title

WHEN THE PBA set an unlimited height for imports in the Season 50 Commissioner's Cup, there were netizens questioning the wisdom of Barangay Ginebra in going with Justin Brownlee (JB) again.

time to read

2 mins

June 19, 2026

Business World Philippines

TNT Tropang 5G vow to rebound stronger and wiser

LOSING THE PBA Commissioner's Cup crown, and by extension, its third straight finals appearance, stings like hell but TNT is taking it on the chin.

time to read

1 mins

June 19, 2026

Business World Philippines

Philippines jumps four spots in global competitiveness index

THE PHILIPPINES climbed four spots in a global competitiveness index, although weakness in government efficiency and infrastructure kept it among the lower-ranked economies in the Asia-Pacific region, according to the IMD World Competitiveness Center (WCC).

time to read

3 mins

June 19, 2026

Business World Philippines

Phillips, Baltazar, Rosario beef up Gilas Pilipinas vs Oceania powerhouses Australia and New Zealand

UAAP FINALS MVP Mike Phillips of De La Salle University banners the three additions to the Gilas Pilipinas final roster that will embark on a pair of road games against Oceania powerhouses Australia and New Zealand next month for the third window of the FIBA World Cup Asian Qualifiers.

time to read

2 mins

June 19, 2026

Listen

Translate

Share

-
+

Change font size