Senate public services panel chair supports MRT-3 privatization - BusinessWorld Online

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Senate public services panel chair supports MRT-3 privatization - BusinessWorld Online
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THE CHAIR of the Senate Public Services Committee supports the planned privatization of the Metro Rail Transit Line 3 (MRT-3), saying a transfer of management from the government will improve efficiency.

Senator Mary Grace S. Poe-Llamanzares said in a statement on Thursday, citing privately run Japan train systems whose operations remainSimilarly, she said the Light Rail Transit Line 1, which is also privately run, has been more efficiently operated than the MRT.

At the same time, Ms. Poe-Llamanzares called for a transparent privatization process that will be protected from political interests.Fairly awarded through public bidding, to a competent and financially viable company, with a track record of providing efficient service and knowledge in train and public transport operations.The Department of Transportation on Tuesday vowed to be transparent in the planned privatization of the MRT-3, saying it will undergo consultations with various stakeholders.

Should it push through, Ms. Poe-Llamanzares recommended that the government maintain regulatory authority over fare rates to protect commuters.

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