The Department of Transportation (DOTr) of the Philippines has announced plans to privatise the operations and maintenance (O&M) of Light Rail Transit Line 2 (LRT-2) along with Metro Rail Transit Line 3 (MRT-3). The two lines will be offered as a bundle to private operators. A task force has been created to finalise the contract.

Variation of plans to privatise the urban transit lines includes O&M of both railway systems with the LRT Line 2 extension to Tutuban and Pier 4, O&M and the rehabilitation of light rail vehicles (LRV) or O&M and the LRV replacement.

MRT-3 is currently operated by Metro Rail Transit Corporation (MRTC). The assets will be transferred to the government after the private concession period ends in 2025. LRT-2 is operated by the Light Rail Transit Authority (LRTA), a wholly owned government corporation.