The Department of Transportation (DOTr) of the Philippines is planning to privatise the operations and the assets of the Metro Rail Transit Line 3 (MRT-3), in an attempt to reduce the burden on its budget. Since 2000, around PHP9 million has been spent on maintaining the line every year. However, annual revenue during the same period only amounted to PHP1.72 billion on an average.
In light of this, the agency has already commenced the privatisation process and is currently assessing whether assets will be included in the package. The existing build-lease-transfer agreement with Metro Rail Transit Corporation (MRTC) is set to lapse in 2025, after which the line will be transferred to the government.
