DOTr to privatize ops, maintenance of Metro Manila Subway, North-South railway

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DOTr to privatize ops, maintenance of Metro Manila Subway, North-South railway
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In line with the Marcos administration’s initiative to boost public-private partnerships (PPP), the Department of Transportation (DOTr) is intending to privatize the operations and maintenance (O&M) of two big-ticket railway projects.

In line with the Marcos administration’s initiative to boost public-private partnerships , the Department of Transportation is intending to privatize the operations and maintenance of two big-ticket railway projects.

Under the agreements, the ADB will provide transaction advisory to support the DOTr in the selection of qualified and experienced private sector operators for MMSP and NSCR. The ADB’s advisory support, through its Office of Public-Private Partnership, for the selection of MMSP and NSCR private sector operators will last until December 2024.

It will have 35 stations along its alignment and three depots located in Clark, Valenzuela, and Calamba.

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gmanews /  🏆 11. in PH

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