124:
140:
29:
495:
Infrastructure
Holdings (Philippines). After the entry of Sumitomo Corporation, which bought 34.9% of Metro Pacific's interest, Metro Pacific sold its economic interest of 19.2% in its concession, reducing MPIC's stake to 35.8%. MPIC plans to increase its economic interest in the company after the
414:
entered into an agreement with
Sumitomo to collaborate on the operation and maintenance of the LRT Line 1. As part of the agreement, a part of shares indirectly held by Sumitomo in LRMC was transferred to JICA and Hankyu. The agreement is Hankyu and JICA’s first investment in railway operation and
307:
In
November 2012, the consortium was cleared to proceed with the bidding process along with three other companies. However, in 2013, the three other companies withdrew from the bidding. In August 2013, Ayala Corporation also dropped out of the consortium, leaving Metro Pacific as the lone bidder.
276:
in May 2011. The project's objectives were to attract billions of pesos of investments from the private sector in order to improve the system's severely deteriorated condition, as well as to relieve the government of its obligation to spend more than
371:
which included the rehabilitation and operation of the 478-kilometer (297 mi) railway. The Line 2 privatization would later be shelved, while the North–South
Railway Project would later be funded by foreign loans as two separate projects: the
350:
Light Rail Manila
Corporation's parent companies Metro Pacific Investments Corporation and Ayala Corporation have earlier been awarded the tap-and-go fare payment system project for all three rail transit lines in Metro Manila, the
268:
The privatization of the entire maintenance and operation of the Manila Light Rail
Transit Line 1 was the first infrastructure project under the Public-Private Partnership (PPP) program of the
311:
The consortium once again submitted a bid on May 28, 2014. Despite public opposition that the privatization may result in an increase in fares for the LRT Line 1, on
September 12, 2014, the
323:
32-year concession agreement with the
Department of Transportation and Light Rail Transit Authority, the company is mandated to carry out the rehabilitation of Line 1 as well as to provide
1215:
1131:
284:
In 2012, an extension of the LRT Line 1 to Cavite was announced. The project also includes an operations and maintenance contract. The project was approved by former
President
319:
awarded the project to the consortium. The concession agreement was signed on
October 2, and the consortium took over the Line 1 operations on September 12, 2015. Under the
1105:
1404:
750:
403:
for the repair of the LRT Line 1 trains, and the re-engineering, fabrication, and repair of train parts that are obsolete and/or no longer available in the market.
392:
acquired a 34.9% stake in the subsidiary of Metro Pacific Investments Corporation that holds an effective 55 percent stake in Light Rail Manila Corporation (LRMC).
1753:
1208:
910:
531:
1051:
2052:
2042:
1326:
2037:
1201:
400:
2047:
1132:"MPIC sells economic interest of 19.2% in its LRT1 concession through sale of 34.9% of Metro Pacific Light Rail Corporation to Sumitomo Corporation"
339:
which officially begun construction on May 7, 2019, after several years of delay due to right-of-way issues, as well as the north extension to the
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825:
1748:
1670:
1816:
1704:
2032:
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1548:
638:
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1264:
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system project which was rolled out in December 2015. The parent companies also proposed a bid for the operations and maintenance of the
1427:
1390:
1224:
1028:
312:
273:
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1259:
1243:
497:
297:
240:
851:
611:
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1080:"Hankyu Corporation and JICA participate in LRT-1 project (Manila, the Philippines) partly owned by Sumitomo Corporation"
1010:
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340:
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smart card rolled out in July 2015 through another joint venture in AF Payments Incorporated, as well as the
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235:, Philippines. It is a consortium of companies engaged in the operation and maintenance of the
1331:
247:'s Metro Pacific Light Rail Corp. (MPLRC); AC Infrastructure Holdings Corp. (a subsidiary of
1599:
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244:
8:
1716:
1710:
377:
123:
1785:
553:
285:
269:
1903:
488:
352:
308:
MPIC's bid was later declared as non-compliant, causing the bidding process to fail.
301:
248:
1382:
1722:
536:
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whose exact location was settled in 2016 and which broke ground in September 2017.
324:
304:
launched a partnership after both companies signed a memorandum of understanding.
1841:
492:
252:
39:
1731:
1193:
288:
in March 2012. Meanwhile, the bidding for the project started on June 4, 2012.
174:
68:
2021:
1778:
1565:
1831:
1305:
826:"Ayala-Metro Pacific consortium submits lone bid offer for LRT 1 extension"
332:
232:
196:
182:
76:
1029:"LRMC and DOST-MIRDC ink knowledge-sharing partnership on rail technology"
1908:
344:
186:
80:
1953:
1614:
1106:"Light Rail Manila consortium bids for $ 1.5bn LRT 1 extension project"
360:
281:
in annual subsidies just to keep the fares within reach of commuters.
331:
South Extension Project or Cavite Extension Project of the Line 1 to
1052:"JICA announces Sumitomo, Hankyu tie-up to enhance LRT-1 operations"
932:
1584:
1560:
987:
959:
665:"Aquino approves 42 infrastructure projects worth P439-B in 2012"
491:
had a 35% interest. The remaining 10% of the company is owned by
399:
with the Metals Industry Research and Development Center of the
1589:
505:
411:
336:
639:"Philippines to seek bids for $ 1.4bn LRT-1 extension in 2012"
1931:
383:
239:(Line 1) since September 2015. The consortium is composed of
228:
178:
72:
692:"Gov't starts bidding process for P30B LRT 1 extension deal"
581:
139:
28:
877:"DOTC awards LRT-1 Cavex PPP; starts bid for LRT-2 O&M"
1373:
955:"LRT1 Cavite extension construction to begin April 2019"
612:"LRT, MRT privatization to benefit commuters, DoTC says"
983:"Construction of MRT-LRT common station finally begins"
852:"Bayan rues 'End of an era' as Aquino privatizes LRT 1"
1412:
582:
Cabacungan, Gil; Camus, Miguel (September 15, 2015).
1327:
Land Transportation Franchising and Regulatory Board
881:
Official Gazette of the Republic of the Philippines
116:
2010:indicate defunct, proposed, or under construction.
540:. Archived from the original on September 18, 2015
500:. A part of Sumitomo's shares was acquired by the
1189:Official website of Light Rail Manila Corporation
1188:
609:
2019:
1223:
584:"LRT1 now under Ayala, Metro Pacific management"
327:to the system. The concession also includes the
255:Infrastructure Holdings (Philippines) Pte. Ltd.
1031:. Light Rail Manila Corporation. April 23, 2021
1008:
980:
743:"Final: LRT-1 Cavite rail bidding on August 15"
313:Department of Transportation and Communications
903:"PPP contract signed for Manila LRT 1 project"
1398:
1209:
532:"LRMC consortium takes over LRT-1 operations"
1656:Public Utility Vehicle Modernization Program
1011:"Sumitomo buys into MPIC's railway business"
799:"LRT-1 Cavite extension bidding 'a failure'"
530:Periabras, Rosalie C. (September 14, 2015).
2053:Privately held companies of the Philippines
2043:Transportation companies of the Philippines
1883:Mactan–Cebu International Airport Authority
1275:Mactan–Cebu International Airport Authority
1265:Civil Aviation Authority of the Philippines
773:"MVP group lone bidder for LRT-1 extension"
717:"Ayala and MPIC: Rivals turn rail partners"
2038:Department of Transportation (Philippines)
1405:
1391:
1216:
1202:
689:
384:Entry of Sumitomo and contemporary history
138:
122:
27:
952:
529:
487:had a 55% ownership in the company while
453:Ownership of the company since May 2020:
2048:Philippine companies established in 2014
395:On April 21, 2021, the company signed a
1888:Clark International Airport Corporation
1433:Department of Public Works and Highways
1161:"MPIC eyes Ayala LRT stake after polls"
1009:Dumlao-Abadilla, Doris (May 29, 2020).
849:
415:maintenance business outside of Japan.
237:Manila Light Rail Transit System Line 1
2020:
1878:Manila International Airport Authority
1270:Manila International Airport Authority
1158:
981:Schnabel, Chris (September 29, 2017).
753:from the original on December 13, 2021
502:Japan International Cooperation Agency
426:Ownership of the company before 2020:
408:Japan International Cooperation Agency
1386:
1244:Office of Transportation Cooperatives
1197:
1074:
1072:
913:from the original on January 24, 2021
823:
690:Montecillo, Paolo G. (June 5, 2012).
577:
575:
573:
571:
569:
525:
523:
521:
498:2022 Philippine presidential election
298:Metro Pacific Investments Corporation
241:Metro Pacific Investments Corporation
227:) is a rail service company based in
173:Engineering Building, LRTA Compound,
67:Engineering Building, LRTA Compound,
1050:Cruz, Beatriz Marie (May 13, 2024).
1049:
925:
401:Department of Science and Technology
2033:Rail transportation in Metro Manila
465: MPLRC (Metro Pacific) (35.8%)
367:North–South Railway Project of the
13:
1812:Philippine Nautical Highway System
1573:Premium Point-to-Point Bus Service
1438:Office for Transportation Security
1239:Office for Transportation Security
1069:
850:Salamat, Marya (October 2, 2014).
566:
518:
374:North–South Commuter Railway
341:North Avenue Grand Central station
14:
2064:
1414:Transportation in the Philippines
1182:
824:Camus, Miguel R. (May 28, 2014).
610:Montecillo, Paolo (May 9, 2011).
432: MPLRC (Metro Pacific) (55%)
16:A Philippine rail service company
272:administration announced by the
1152:
1124:
1098:
1043:
1021:
1002:
974:
946:
895:
869:
843:
817:
791:
1987:Transportation in Metro Manila
1982:Traffic law in the Philippines
1947:Legazpi Grand Central Terminal
1942:Santa Rosa Integrated Terminal
1646:No Contact Apprehension Policy
1358:Metro Rail Transit Corporation
765:
735:
709:
683:
657:
631:
603:
483:Before the entry of Sumitomo,
459: MPLRC (Sumitomo) (19.2%)
291:
1:
1651:Number coding in Metro Manila
1533:Cebu Bus Rapid Transit System
1353:Light Rail Manila Corporation
1159:Romero, Maria (May 5, 2022).
511:
263:
221:Light Rail Manila Corporation
133:Light Rail Manila Corporation
22:Light Rail Manila Corporation
1992:Transportation in Metro Cebu
1700:Philippine National Railways
1428:Department of Transportation
1374:Department of Transportation
1363:Philippine National Railways
1348:Light Rail Transit Authority
1225:Department of Transportation
418:
369:Philippine National Railways
317:Light Rail Transit Authority
274:Department of Transportation
206:September 12, 2015
7:
1837:Maritime Industry Authority
1671:Vehicle registration plates
1631:Anti-Distracted Driving Act
1291:Maritime Industry Authority
953:Rey, Aika (March 4, 2019).
397:memorandum of understanding
10:
2069:
1827:Philippine Ports Authority
1322:Land Transportation Office
1301:Philippine Ports Authority
258:
2005:
1974:
1922:
1896:
1850:
1799:
1749:Metro Manila Rail Network
1741:
1692:
1683:
1623:
1513:
1453:
1446:
1420:
1371:
1340:
1314:
1283:
1252:
1231:
1139:Metro Pacific Investments
1015:Philippine Daily Inquirer
830:Philippine Daily Inquirer
696:Philippine Daily Inquirer
617:Philippine Daily Inquirer
589:Philippine Daily Inquirer
558:: CS1 maint: unfit URL (
485:Metro Pacific Investments
357:automated fare collection
202:
192:
169:
161:
151:
146:
137:
111:
86:
63:
45:
35:
26:
2028:Companies based in Pasay
1868:Civil Aviation Authority
1997:Metro Manila Dream Plan
1964:Cebu South Bus Terminal
1959:Cebu North Bus Terminal
1873:Civil Aeronautics Board
1260:Civil Aeronautics Board
406:On April 25, 2024, the
1937:Metro Manila terminals
1478:Pan-Philippine Highway
1296:Philippine Coast Guard
51:; 10 years ago
1332:Toll Regulatory Board
477: Macquarie (10%)
444: Macquarie (10%)
325:120 new train coaches
97:(President & CEO)
1924:Intermodal terminals
1084:Sumitomo Corporation
1056:BusinessWorld Online
883:. September 13, 2014
390:Sumitomo Corporation
245:Sumitomo Corporation
101:Enrico R. Benipayo
1832:Cebu Port Authority
1636:Automotive industry
1306:Cebu Port Authority
909:. October 6, 2014.
378:PNR South Long Haul
296:On April 24, 2012,
134:
23:
1786:Davao People Mover
1483:Metro Manila roads
1110:Railway Technology
645:. February 7, 2012
643:Railway Technology
286:Benigno Aquino III
270:Benigno Aquino III
203:Dates of operation
132:
49:July 22, 2014
21:
2015:
2014:
1822:Pasig River Ferry
1795:
1794:
1679:
1678:
1549:Davao Bus Project
1380:
1379:
933:"Company Profile"
805:. August 29, 2013
779:. August 15, 2013
749:. July 29, 2013.
671:. January 3, 2013
489:Ayala Corporation
471: Ayala (35%)
438: Ayala (35%)
388:On May 29, 2020,
302:Ayala Corporation
249:Ayala Corporation
218:
217:
162:Stations operated
130:
129:
104:
103:(General Manager)
98:
2060:
1975:Related articles
1914:Expressway tolls
1723:Mindanao Railway
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723:. April 24, 2012
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537:The Manila Times
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95:Jose Ma. K. Lim
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1711:North Main Line
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508:in April 2024.
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1183:External links
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1123:
1112:. May 28, 2014
1097:
1086:. June 3, 2024
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1666:Speed limits
1556:Metro Manila
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1352:
1168:. Retrieved
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365:₱171 billion
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197:Metro Manila
183:Metro Manila
170:Headquarters
152:Franchise(s)
77:Metro Manila
64:Headquarters
36:Company type
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1488:Luzon roads
1461:Expressways
504:(JICA) and
410:(JICA) and
345:Quezon City
329:₱35 billion
321:₱65 billion
300:(MPIC) and
292:Development
187:Philippines
81:Philippines
2022:Categories
1954:Metro Cebu
1764:Manila MRT
1759:Manila LRT
1661:Road signs
1615:UV Express
1421:Government
512:References
363:, and the
361:LRT Line 2
279:₱7 billion
264:Background
210:2015-09-12
156:LRT Line 1
88:Key people
56:2014-07-22
1909:BeepRides
1035:April 12,
994:March 31,
966:March 30,
938:March 30,
623:March 30,
595:March 30,
554:cite news
544:March 30,
493:Macquarie
419:Ownership
253:Macquarie
1863:Airlines
1858:Airports
1851:Aviation
1770:SkyTrain
1754:Stations
1705:Stations
1693:Railways
1610:Kuliglig
1600:Trisikad
1595:Tricycle
1580:Bicycles
1514:Vehicles
1473:Highways
1284:Maritime
1253:Aviation
911:Archived
907:InfraPPP
856:Bulatlat
751:Archived
376:and the
315:and the
147:Overview
2008:Italics
1897:Payment
1605:Taxicab
1585:Jeepney
1561:BGC Bus
1505:Bridges
1341:Railway
1315:Highway
1232:General
1090:June 8,
1061:June 8,
988:Rappler
960:Rappler
803:Rappler
777:Rappler
747:Rappler
721:Rappler
669:Rappler
259:History
251:); and
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112:Website
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1545:Davao
1170:May 5,
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337:Cavite
193:Locale
1932:Luzon
1807:Ports
1800:Water
1624:Other
1539:MyBus
1528:Cebu
1454:Roads
1135:(PDF)
229:Pasay
179:Pasay
73:Pasay
1904:Beep
1685:Rail
1520:Bus
1466:List
1447:Road
1172:2022
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1118:2022
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