Tag: Light Rail Manila Corp.

MPIC-Ayala consortium takes over LRT-1 operations and management

  MAKATI City, September 15 (Eagle News) — Light Rail Manila Corp. a consortium composed of Ayala Corporation and Metro Pacific Investments Corporation (MPIC), has taken oven the operations and maintenance of LRT-1 Transit. The LRMC won the P64.9 billion LRT 1 Cavite extension project after offering the highest premium bid of P9.35 billion. The LRMC has secured the right to operate and maintain it for 32 years. It will also extend the rail line […]