Tuesday, May 31, 2011

MPIC, SMC seeking foreign partners with track record in train operations

Paolo G. Montecillo
Philippine Daily Inquirer

Two major potential bidders for the joint Light Rail Transit (LRT) and Metro Rail Transit (MRT) operations contract are currently searching for foreign partners that can give them the technical expertise to operate the commuter train lines.
San Miguel Corp. president and chief operating officer Ramon S. Ang on Monday said the company was in talks with several foreign groups that would enable the conglomerate to take on the project.
Optimal Infrastructure Inc., a unit of SMC, was among the 16 companies that have so far bought bid documents for the five-year P14-billion project from the Department of Transportation and Communications.
The government has said that no local bidder was qualified to take on the project, given the need for a background in operating trains, as stipulated in the terms of reference.

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