The Philippine Department of Transportation and Communications, together with its attached agency the Light Rail Transit Authority, have launched the tender process for Manila LTR Line 1 extension through a PPP project.
The LRT-1 expansion project includes the operation and maintenance of the entire LRT-1 system for a 32-year concession period, and the construction of an 11.7-kilometer southward extension from the Baclaran station to Bacoor, Cavite. More precisely the contract consists of the following components:
The Development Bank of the Philippines and the International Finance Corporation, the private sector arm of the World Bank Group, have been appointed by the DOTC and the LRTA to act as its transaction advisors for the international competitive Bidding.
The Manila Light Rail Transit System LTR serves 2.1 million passengers each day. Its 31 stations along over 31 kilometers of mostly elevated track form two lines. LRT Line 1, also called the Yellow Line, opened in 1984 and travels a north-south route.Tender notice:http://ppp.gov.ph/wp-content/uploads/2013/12/LRT1-CAVEX_AD.pdfInstruction to bidders:http://ppp.gov.ph/wp-content/uploads/2013/11/LRT1-Annotated-ITPB-SBB-1-9.pdf