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DOF, DOTr to decide jointly on MRT-3’s future

  • Thu, 14 Sep 2017 05:18
The offer of Metro Pacific Investments Corp. to buy out the government's interest in the Metro Rail Transit Line 3 will depend on the decision of not just one but two departments that will decide jointly on the fate of this key element of Metro Manila's mass transport system. Finance Secretary Carlos Dominguez III said his department would soon come up with a decision detailing the government's "financial position" on the infrastructure conglomerate's revived proposal, while the Department of Transportation would make its own stand on the "operational" aspect. "Essentially, we are discussing our common position with the DOTr," he said. "This is a DOTr [issue]. It's really under the...

Keep on reading: DOF, DOTr to decide jointly on MRT-3’s future


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