Connect with us

News

DOTr urged to maximize MRT-LRT common station foot traffic value

Published

on

To generate additional income from the PHP2.8 billion MRT-LRT common station, the value of the projected foot traffic or pedestrian activity through the station can be maximized, a senator said Thursday. (Photo:

To generate additional income from the PHP2.8 billion MRT-LRT common station, the value of the projected foot traffic or pedestrian activity through the station can be maximized, a senator said Thursday. (Photo: PNR, MRT, LRT in the Philippines/ Facebook)

MANILA –To generate additional income from the PHP2.8 billion MRT-LRT common station, the value of the projected foot traffic or pedestrian activity through the station can be maximized, a senator said Thursday.

Sen. Sherwin Gatchalian made this suggestion noting that the Department of Transportation (DOTr) estimate of around 500,000 commuters using the station daily, could make at least PHP182.5 million per year if it bids out the value of foot traffic to be generated from the government undertaking.

“The foot traffic within the station will be an asset of the government because government created it.

online pharmacy buy wegovy with best prices today in the USA

The income from foot traffic can be used to subsidize the station’s expenses, and therefore cut down train fares. This way, we can add even more value to this project for the general public,” Gatchalian said.

To recall, the DOTr earlier assured the Senate that there will be no fare hike after the MRT-LRT common station is constructed.

Gatchalian pointed out that the foot traffic value can still be included in the contract, which is still under review by the National Economic and Development Authority (NEDA).

online pharmacy buy bactroban with best prices today in the USA

He also urged the government to be more forward-thinking in future negotiations for contracts with private investors, especially infrastructure projects.

“Government should negotiate better and always look at the maximum benefits that it will get from these partnerships with private businesses,” Gatchalian said.

“Government should always watch out for what would be most advantageous to the public,” he added.

He lamented that the government had already lost potential income from the undertaking because of the eight-year setback suffered due to the legal hurdles.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Maria in Vancouver

Headline2 hours ago

The Sobering Reality of Growing Old

Growing old brings a sobering reality: time is finite.  You watch your body slow down, see your parents age, and...

Lifestyle3 weeks ago

Dr. David Suzuki’s Legacy: A Celebration at 90

Celebrating Dr. David Suzuki’s 90th birthday on Friday, May 22  was a true privilege and a great pleasure! My husband,...

Lifestyle4 weeks ago

What I Know Now About Motherhood

Did you know that a mother’s cells can live in her child’s body for their entire lives? This fascinating phenomenon...

Headline2 months ago

Age with Audacity

At 25, I imagined life at 50 would mean I’d be past my prime and grumpy.  Little did I know,...

Lifestyle2 months ago

Spring Clean Your Body, Mind and Home

Spring has sprung! This season is perfect for spring cleaning, but why stop at our homes?  We can also rejuvenate...

Lifestyle3 months ago

Hear Us Roar

There is absolutely nothing wrong with a woman who wants her happily ever after. I certainly did. After 21 years...

Lifestyle3 months ago

The Real Rich

Margaret Atwood aptly captured this dynamic with the phrase, “Old money whispers, new money shouts.”  Let me elaborate on this...

Headline4 months ago

Love in the Afternoon of Life

Love in later life—the 50s, 60s, 70s, and beyond—is a thriving, fulfilling reality. It offers companionship, improved well-being, and joy,...

Headline4 months ago

Your Most Important Relationship is With Yourself

Valentine’s Day shouldn’t be celebrated only for one day. Love should be celebrated everyday. Valentine’s Day, when expanded beyond romance,...

Headline5 months ago

The 2016 Trend Made Me Reflect On My Past & Present

Like many others, I couldn’t resist joining the 2016 throwback trend.  It was all over social media, with everyone sharing...