President Benigno S. Aquino III on Thursday witnessed the signing of a technical service agreement between RATP Developpement and the Light Rail Manila Consortium for the operations and maintenance of Light Rail Transit (LRT) Line 1.
The agreement, signed between RATP Developpement President Pierre Mongin, and Jose Ma. Lim, President and CEO of the Metro Pacific Investments Corp., at the Philippines-France Business Forum at Intercontinental Paris Le Grand Hotel, aims to provide operation and maintenance service and technical advice and expertise relating to the operations and maintenance of the Manila LRT 1 Cavite Extension, Operation and Maintenance Project.
The Light Rail Manila Consortium also signed an engineering, procurement and construction agreement with Bouygues Travaux Publics and Alstom Transport on Thursday for the design and construction of the Manila Light Rail Transit Line 1 Extension Project that will extend Line 1 by 12 kilometers to add eight more stations.
Fernando Zobel de Ayala, president and COO of Ayala Corporation, and Transportation and Communications Secretary Joseph Emilio Abaya were also present during the signing of the two agreements. (PND)
