Philippine Standard time

PPP Talk: 2nd Quarter 2013: Looking Beyond Project Finance

Taken inside a crowded south-bound LRT train, the cover depicts the day-to-day ordeal that passengers endure as they ride one of the fastest and cheapest mass transport systems in Metro Manila — the LRT Line 1.

The much needed upgrade of the 29 year old LRT Line 1 and its pending extension all the way to Bacoor, Cavite will soon be a reality. The PhP 60.63 billion pesos extension project will be undertaken as a PPP project with the Department of Transportation and Communications as its Implementing Agency. Together with the IAs and the PPP Center, the country’s PPP program is now going full speed ahead.


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