{"id":34036,"date":"2014-12-05T21:42:57","date_gmt":"2014-12-05T13:42:57","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=34036"},"modified":"2014-12-05T21:42:57","modified_gmt":"2014-12-05T13:42:57","slug":"ayala-and-metro-pacific-to-tap-global-metro-operator-for-ppp-project","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2014\/12\/05\/ayala-and-metro-pacific-to-tap-global-metro-operator-for-ppp-project\/","title":{"rendered":"Ayala and Metro Pacific to tap global metro operator for PPP project"},"content":{"rendered":"<figure id=\"attachment_23994\" aria-describedby=\"caption-attachment-23994\" style=\"width: 300px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/08\/LRT-InvestPhilippinesORG.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-23994\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/08\/LRT-InvestPhilippinesORG-300x194.jpg\" alt=\"LRT Train (Invest Philippines)\" width=\"300\" height=\"194\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/08\/LRT-InvestPhilippinesORG-300x194.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/08\/LRT-InvestPhilippinesORG.jpg 500w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-23994\" class=\"wp-caption-text\">LRT Train (Invest Philippines)<\/figcaption><\/figure>\n<p>MANILA \u2013 The consortium of Ayala Corp. and Metro Pacific Investments Corp. will tap a global metro operator as its technical partner in a public private partnership project for the Light Rail Transit Line 1.<\/p>\n<p>France\u2019s RATP Dev, the operator of the Paris Metro, will be tapped by Ayala-Metro Pacific group also known as the Light Rail Manila consortium.<\/p>\n<p>Light Rail Manila will operate and maintain the existing LRT Line 1, under the concession agreement with a total of P35 billion investment.<\/p>\n<p>An 11.7-kilometer extension will also be constructed from Baclaran to the Niog area in Bacoor, Cavite.<\/p>\n<p>\u201cThe extended rail line is envisioned to help ease the worsening traffic conditions in the Para\u00f1aque-Las Pi\u00f1as-Cavite corridor. It is also expected to enhance commercial development around the rail stations,\u201d Light Rail Manila said in a previous statement.<\/p>\n<p>Once completed, the project will create a total of eight new lines that will traverse the cities of Para\u00f1aque and Las Pi\u00f1as up to Bacoor.<\/p>\n<p>The Department of Transportation and Communications and Light Rail Transit Authority formally awarded Light Rail Manila with the project following the consortium\u2019s lone submission of a bid with a premium of P9.35 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA \u2013 The consortium of Ayala Corp. and Metro Pacific Investments Corp. will tap a global metro operator as its &hellip;<\/p>\n","protected":false},"author":44,"featured_media":23994,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[95],"tags":[],"class_list":["post-34036","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news-ph","mauthors-lei-fontamillas","mauthors-philippine-canadian-inquirer"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/34036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=34036"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/34036\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/23994"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=34036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=34036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=34036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}