There are currently 23 PPP (Public Private Partnership) with 2 already awarded based on information provided by the Philippine PPP center. Among the many, this particular PPP project is something I am interested in being a former banker. Hopefully, I want to find a suitable Australian partner to submit a bid and win it to do this. The special attraction of doing this is the opportunity to leverage the service with similar applications for electronic banking and even mobile phone applications. With the majority of the population still unbanked (no bank account) while having the most number of mobile handsets the opportunities to cater to all 3 is a game changer. Watch this space.
DOTC to bid out P1.7 billion MRT-LRT ticketing project in January
MANILA, Philippines – The Department of Transportation and Communications (DOTC) is set to bid out early next year a P1.7 billion contract for the establishment of a single ticketing system for both the Metro Rail Transit (MRT) and the Light Rail Transit (LRT).
Transportation undersecretary Rene Limcaoco told participants of the PPP and Infrastructure Forum sponsored by the British Embassy that the government intends to bid out the contract for the common ticketing facility for the MRT and LRT.
“We expect to bid out this project by early next year or optimistically by January,” Limcaoco stressed.
He pointed out that the proposed facility would make it easier for commuters using the MRT and LRT lines who have to suffer from long lines as a result of the different tickets for the mass transport system.
“Lining up to buy tickets takes 30-to 45 minutes,” he lamented.
The MRT-LRT single ticket is envisioned to be like Hong Kong’s Octopus Card which serves as a debit card aside from being a stored-value train ticket.
He said single ticket could also be used for electronic banking and shopping.
“The winning bidder could expand this for other uses such as banking, shopping, paying for services or goods, paying for parking, among others.
The riding public has long urged government to implement a common ticketing system for the LRT lines 1 and 2 and the MRT 3.
The different ticketing schemes employed in the three mass transport systems have been blamed for the long lines of passengers buying tickets at the train stations.
On the other hand, LRT line 1, which runs from Baclaran in Pasay City to Roosevelt in Quezon City, serves at least 500,000 passengers daily while the LRT line 2, which operates from Recto in Manila to Santolan in Pasig City, caters to 350,000.