Metro Pacific still keen on MRT-3 takeover


Posted at May 13 2017 02:48 AM

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Metro Pacific Investments Corporation is not letting go of its plan to take over the MRT-3.

Its chairman, Manny Pangilinan, says they are considering again submitting a proposal to operate and rehabilitate the MRT because of the urgency to fix and upgrade the rail system.

The group filed a proposal during the previous administration but it was rejected because their offer entailed increasing fares.

Metro Pacific is part of the consortium that bagged the LRT extension project and it eyes other rail projects as well. - Business Nightly, ANC, May 12, 2017