Top international rail operators and conglomerates vie for the LRT Line 2 O&M Project

January 30, 2015

Four international rail operators partnered with Philippines’ largest conglomerates and submitted pre-qualification docuemnts for the LRT Line 2 Operations and Management Project (the “Project”) of the Department of Transportation and Communications (“DOTC”) and the Light Rail Transit Authority (“LRTA”).

The Project is a top priority project of the government which aims to rehabilitate and improve the existing 13.8-km LRT Line 2, as well as its proposed 4.19-km East Extention and other future extentions, through a Public-Private Partnership modality. The Project is envisioned to last for a period of ten (10) years, with an option for extension of five (5) years. Through an improved operations and management, the government is hopeful that the on-street transportation would decrease in favor of more efficient LRT services.

The interested bidders are DMCI-Tokyo Metro Consortium, San Miguel Corporation-Korea Rail Consortium, Light Rail Manila Holdings-RATP Dev Consortium, and Aboitiz-SMRT Transport Solutions Consortium.

The DOTC is expected to announce who the pre-qualified consortia are by February 2015.

Aboitiz-SMRT Transport Solutions Consortium is being advised by PJS Law, headed by Attys. Gwen G. de-Vera, and Francis V. Asilo.