Tycoons Manuel V. Pangilinan and Ramon S. Ang may team up to bid for the privatization of Metro Rail Transit Line 3 (MRT-3). On Thursday, Pangilinan told reporters that he may initiate discussions with Ang for a possible joint bid to redevelop, operate and maintain the railway system. “I think…
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The government will accommodate its planned public auction and the unsolicited proposals for the redevelopment and operations and maintenance of the Metro Rail Transit (MRT) Line 3 concurrently, a ranking government official said. Transportation Undersecretary Timothy Batan said aside from Metro Pacific Investment Corp. (MPIC), diversified conglomerate San Miguel Corp. (SMC) also submitted an unsolicited