Privatization of MRT-3 operations, maintenance eyed | Inquirer News

Privatization of MRT-3 operations, maintenance eyed

/ 11:07 AM November 10, 2022

MRT-3 and railways officials have been sworn into office, according to the DOTr

MRT-3 (File photo from Philippine Daily Inquirer)

MANILA, Philippines — The Department of Transportation (DOTr) recently said that it is considering the privatization of MRT-3’s  operations and maintenance.

Transportation Secretary Jaime Bautista, in a statement on Wednesday, said they are mulling privatizing MRT-3’s operations and maintenance “not only to enhance efficiency and safety but also to reduce operational cost to be able to maintain affordable fares.

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 “We are looking at partnering with private rail operators for MRT-3’s operations and maintenance under the same scheme as Light Rail Transit (LRT) 1, with the rail lines assets remaining government owned,” he said.

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Bautista stressed that “railway systems should remain the most affordable and safest mode of mass transit in the country.” 

Hence, the DOTr said that the operations of LRT-1, LRT-2, and MRT-3  will remain subsidized by the government to keep fares affordable. — Kristelle Anne Razon, INQUIRER.net trainee

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