THE Department of Transportation (DOTr) is considering turning over the operations and maintenance of the Metro Rail Transit Line 3 (MRT-3) to qualified private sector operators to...
THE Department of Transportation is considering turning over the operations and maintenance of the Metro Rail Transit Line 3 to qualified private sector operators to improve its operational efficiency.'We are looking at partnering with private rail operators for DOTr MRT-3's operations and maintenance under the same scheme with LRT 1 with the rail lines assets remaining government owned,' Secretary Jaime Bautista said in a statement issued on Wednesday.
'Bautista noted that operations of LRT 1, LRT 2, MRT-3 continue to be subsidized by government to keep fare levels affordable.He said privatizing MRT-3's operations and maintenance is expected not only to enhance efficiency and safety but also reduce operational cost to be able to maintain affordable fares.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Spanish companies pitched on taking part in PHL infra projects - BusinessWorld OnlineTHE Department of Transportation (DoTr) and the Department of Public Works and Highways (DPWH) have invited Spanish companies to participate in the Philippine infrastructure program.
Read more »
MRT3 implements segregation scheme for lines of passengers w/ small bagsThe Metro Rail Transit Line 3 (MRT-3) has implemented a segregation scheme for passengers entering the train stations in a bid to cut long queues during rush hours.
Read more »
LandBank forum underscores govt support for agrarian reform beneficiaries - BusinessMirrorTHE Land Bank of the Philippines (LandBank) gathered small-scale farmers and fishermen, agrarian reform beneficiaries (ARBs) and their organizations to discuss the National Government’s development plan towards building sustainable and resilient agrarian reform communities. Department of Agrarian Reform (DAR) Bureau of Agrarian Reform Beneficiaries Development (BARBD) Director Ronald M. Gareza and LandBank Program Management Department
Read more »
North Korea slams US for raising alleged arms supply to RussiaSEOUL: North Korea on Tuesday accused the United States of cooking up a 'plot-breeding story' on its alleged arms transfer to Russia, arguing it has never sent artillery shells to Moscow.
Read more »
Citing steep price hikes, DOLE orders wage reviewThe Department of Labor and Employment (DOLE) has ordered the regional wage boards to review whether another round of increase for the country’s 4 million minimum wage earners could be imposed
Read more »
Bongbong Marcos, DOE execs discuss ways to ensure PH energy securityPresident Ferdinand “Bongbong” Marcos Jr. met with officials of the Department of Energy and other related agencies to discuss ways to ensure energy security in the country. | DYGalvezINQ
Read more »