Infrastructure conglomerate Metro Pacific Investments Corp. (MPIC) is planning to revive its proposal to rehabilitate the Metro Rail Transit Line 3 (MRT-3).
“We’re thinking of resubmitting our updated proposal on MRT-3,” MPIC chairman Manuel V. Pangilinan told reporters yesterday.
He said the intention is to submit the proposal to the government within the year.
As the railway which covers North Ave. station in Quezon City until Taft station in Pasay City is going through a series of breakdowns and service interruptions, Pangilinan said it is necessary to give it attention.
“We’re trying to impress the urgency of the issue,” he said.
MPIC first submitted its proposal to the Department of Transportation and Communications for the rehabilitation of the MRT-3 in 2011.
Under the proposal, MPIC offered to make an investment worth more than $500 million to upgrade the train system.
“We’re thinking of resubmitting our updated proposal on MRT-3,” MPIC chairman Manuel V. Pangilinan told reporters yesterday.
He said the intention is to submit the proposal to the government within the year.
As the railway which covers North Ave. station in Quezon City until Taft station in Pasay City is going through a series of breakdowns and service interruptions, Pangilinan said it is necessary to give it attention.
“We’re trying to impress the urgency of the issue,” he said.
MPIC first submitted its proposal to the Department of Transportation and Communications for the rehabilitation of the MRT-3 in 2011.
Under the proposal, MPIC offered to make an investment worth more than $500 million to upgrade the train system.
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