history
LRT - 1 (ROOSEVELT AVE. - BACLARAN STATION)
(taken from the official website of LRTA: http://www.lrta.gov.ph/company_history.php)
The Light Rail transit System
From 1976 to 1977, a fourteen-month study funded by the World Bank was conducted by Freeman Fox and Associates, and this suggested a street-level light railway. The then newly created Ministry of Transportation and Communications (MOTC) reviewed and revised the recommendations, introducing an elevated version because of the many intersections. This raised the cost from P1.5 billion to P2 billion. Another foreign firm was commissioned by MOTC for supplementary study which was completed within three months.
Starting The Project
On July 12, 1980, the country's president, Ferdinand E. Marcos, created the Light Rail Transit Authority (LRTA) as a government agency. The Chairman was the then First Lady and Governor of Metro Manila, Imelda Romualdez Marcos. This LRTA confined its activities to determining policies, to the regulation and fixing of fares, and to the planning of extensions to the system. The project was called Metrorail and was operated by a sister company of the former tramway company Meralco, called Metro, Inc.
Initial assistance for building the LRT project came from the Belgian government which granted a P300 million "soft" and interest-free loan with a repayment time of 30 years. The project was expected to pay for itself within a period of 20 years out of revenue alone. A Belgian consortium consisting of ACEC (Ateliers de Constructions Electriques de Charleroi, BN), (Constructions Ferroviaires et Metalliques, formerly Brugeoise et Nivelles), TEI (Tractionnel Engineering International) and TC (Transurb Consult) provided an additional loan of P700 million. The consortium provided the cars, signalling, power control, telecommunications, training and technical assistance. The entire system was expected to be financially "in the red" well into 1993. Against an expected gross revenue of P365 million for the first operating year, government losses were thought likely to reach P216 million. The system was designed as a public utility rather than as a profit center.
Construction of the line started in October 1981, and was the responsibility of CDCP (Construction and Development Corporation of the Philippines), with assistance from the Swiss firm of Losinger and the American company Dravo, the latter, through its Philippine subsidiary. The government appointed Electrowatt Engineering Services of Zurich (Switzerland) to manage and supervise the project. Electrowatt set up offices in Manila and became responsible for extension studies of the system which eventually comprised 150 km of routes along all major corridors in about 20 years time.
(taken from the official website of LRTA: http://www.lrta.gov.ph/company_history.php)
The Light Rail transit System
From 1976 to 1977, a fourteen-month study funded by the World Bank was conducted by Freeman Fox and Associates, and this suggested a street-level light railway. The then newly created Ministry of Transportation and Communications (MOTC) reviewed and revised the recommendations, introducing an elevated version because of the many intersections. This raised the cost from P1.5 billion to P2 billion. Another foreign firm was commissioned by MOTC for supplementary study which was completed within three months.
Starting The Project
On July 12, 1980, the country's president, Ferdinand E. Marcos, created the Light Rail Transit Authority (LRTA) as a government agency. The Chairman was the then First Lady and Governor of Metro Manila, Imelda Romualdez Marcos. This LRTA confined its activities to determining policies, to the regulation and fixing of fares, and to the planning of extensions to the system. The project was called Metrorail and was operated by a sister company of the former tramway company Meralco, called Metro, Inc.
Initial assistance for building the LRT project came from the Belgian government which granted a P300 million "soft" and interest-free loan with a repayment time of 30 years. The project was expected to pay for itself within a period of 20 years out of revenue alone. A Belgian consortium consisting of ACEC (Ateliers de Constructions Electriques de Charleroi, BN), (Constructions Ferroviaires et Metalliques, formerly Brugeoise et Nivelles), TEI (Tractionnel Engineering International) and TC (Transurb Consult) provided an additional loan of P700 million. The consortium provided the cars, signalling, power control, telecommunications, training and technical assistance. The entire system was expected to be financially "in the red" well into 1993. Against an expected gross revenue of P365 million for the first operating year, government losses were thought likely to reach P216 million. The system was designed as a public utility rather than as a profit center.
Construction of the line started in October 1981, and was the responsibility of CDCP (Construction and Development Corporation of the Philippines), with assistance from the Swiss firm of Losinger and the American company Dravo, the latter, through its Philippine subsidiary. The government appointed Electrowatt Engineering Services of Zurich (Switzerland) to manage and supervise the project. Electrowatt set up offices in Manila and became responsible for extension studies of the system which eventually comprised 150 km of routes along all major corridors in about 20 years time.
LRT - 2 (SANTOLAN - RECTO STATION)
(taken from Wikipedia.org)
The Manila Light Rail Transit System Line 2, also known as MRT Line 2, MRT-2, or Megatren, is a rapid transit line in Metro Manila in the Philippines, generally running in an east-west direction along the Radial Road 6 and a portion of theCircumferential Road 1. Although operated by the Light Rail Transit Authority, resulting to it being informally called as "LRT-2", it is actually a heavy rail, rapid transit system owing to its use of Electric multiple units instead of light rail vehicles used in earlier lines and is currently the only line utilizing such type of system in the country. Envisioned in the 1970s as part of the Metropolitan Manila Strategic Mass Rail Transit Development Plan, the eleven-station, 13.8-kilometer (8.6 mi) line was the third rapid transit line to be built in Metro Manila when it started operations in 2003. It is operated by the Light Rail Transit Authority (LRTA), a government-owned and controlled corporation under the Department of Transportation and Communications (DOTC) under a Official development assistance scheme.
Serving close to 200,000 passengers daily, MRT-2 is the least busy among Metro Manila's three rapid transit lines, and was built with standards such as barrier-free access and the use of magnetic card tickets to facilitate passenger access in mind. Total ridership however significantly is below the line's built maximum capacity, with various solutions being proposed or implemented to increase ridership in addition to the planned extensions to the line. However, the short-term solution have had a minimal effect on ridership, and experts have insisted that the extensions be built immediately, despite pronouncements that the system is steadily increasing ridership each year.
MRT-2 is integrated with the public transit system in Metro Manila, and passengers also take various forms of road-based public transport, such as buses and jeepneys, to and from a station to reach their intended destination. Although the line aimed to reduce traffic congestion and travel times along R-6 and portions of C-1, the transportation system has only been partially successful due to the rising number of motor vehicles and rapid urbanization. Expanding the network's revenue line to accommodate more passengers is set on tackling this problem.)
(taken from Wikipedia.org)
The Manila Light Rail Transit System Line 2, also known as MRT Line 2, MRT-2, or Megatren, is a rapid transit line in Metro Manila in the Philippines, generally running in an east-west direction along the Radial Road 6 and a portion of theCircumferential Road 1. Although operated by the Light Rail Transit Authority, resulting to it being informally called as "LRT-2", it is actually a heavy rail, rapid transit system owing to its use of Electric multiple units instead of light rail vehicles used in earlier lines and is currently the only line utilizing such type of system in the country. Envisioned in the 1970s as part of the Metropolitan Manila Strategic Mass Rail Transit Development Plan, the eleven-station, 13.8-kilometer (8.6 mi) line was the third rapid transit line to be built in Metro Manila when it started operations in 2003. It is operated by the Light Rail Transit Authority (LRTA), a government-owned and controlled corporation under the Department of Transportation and Communications (DOTC) under a Official development assistance scheme.
Serving close to 200,000 passengers daily, MRT-2 is the least busy among Metro Manila's three rapid transit lines, and was built with standards such as barrier-free access and the use of magnetic card tickets to facilitate passenger access in mind. Total ridership however significantly is below the line's built maximum capacity, with various solutions being proposed or implemented to increase ridership in addition to the planned extensions to the line. However, the short-term solution have had a minimal effect on ridership, and experts have insisted that the extensions be built immediately, despite pronouncements that the system is steadily increasing ridership each year.
MRT-2 is integrated with the public transit system in Metro Manila, and passengers also take various forms of road-based public transport, such as buses and jeepneys, to and from a station to reach their intended destination. Although the line aimed to reduce traffic congestion and travel times along R-6 and portions of C-1, the transportation system has only been partially successful due to the rising number of motor vehicles and rapid urbanization. Expanding the network's revenue line to accommodate more passengers is set on tackling this problem.)
MRT - 3 (NORTH AVE. - TAFT STATION)
(taken from the official website of DOTC/MRT: http://dotcmrt3.gov.ph/about.php?route=4)
The Metro Rail Transit 3 (MRT-3) is the cornerstone of the Department of Transportation & Communication's integrated strategy to alleviate the chronic traffic congestion experience along the EDSA corridor. The Metro Rail system is designed to carry in excess of 23,000 passengers per hour per direction, initially, and is expandable to accommodate 48,000 passengers per hour, per direction.
The DOTC awarded a contract to Metro Rail Transit Corporation (MRTC) to build, lease and transfer the Metro Rail Transit System, under the BOT laws of the Republic of the Philippines. The scheme required the DOTC to hold the franchise and run the system particularly the operation and the collectiom of fares. The MRTC built the system, maintain the same as to guarantee the availability of the trains at specified headway at specified hours, as well as to procure the required spare parts, the DOTC pays MRTC monthly fees for a certain number of years.
MRTC financed the construction of the EDSA MRT III, a 16.9-kilometer modern rail system to stretch along EDSA's 10.5-meter median from North Avenue in Quezon City to Taft Avenue, Pasay City.
MRTC infused US$ 190 million (P4.49 billion) in equity into the project.
MRTC obtained financial closing, with the help of international financial consultant JP Morgan, for loans worth US$ 465 million P 12.32 billion) from the Bank of Tokyo-Mitsubishi, and Japan Export-Import Bank (JEXIM); the Postal Bank of the Czech Republic and Czech Export Credit Agency; and a group of local banks on October 17, 1997.
The loans are backed by the government through a sovereign undertaking, as agreed with the Department of Finance, to cushion risks to investors and creditors.
(taken from the official website of DOTC/MRT: http://dotcmrt3.gov.ph/about.php?route=4)
The Metro Rail Transit 3 (MRT-3) is the cornerstone of the Department of Transportation & Communication's integrated strategy to alleviate the chronic traffic congestion experience along the EDSA corridor. The Metro Rail system is designed to carry in excess of 23,000 passengers per hour per direction, initially, and is expandable to accommodate 48,000 passengers per hour, per direction.
The DOTC awarded a contract to Metro Rail Transit Corporation (MRTC) to build, lease and transfer the Metro Rail Transit System, under the BOT laws of the Republic of the Philippines. The scheme required the DOTC to hold the franchise and run the system particularly the operation and the collectiom of fares. The MRTC built the system, maintain the same as to guarantee the availability of the trains at specified headway at specified hours, as well as to procure the required spare parts, the DOTC pays MRTC monthly fees for a certain number of years.
MRTC financed the construction of the EDSA MRT III, a 16.9-kilometer modern rail system to stretch along EDSA's 10.5-meter median from North Avenue in Quezon City to Taft Avenue, Pasay City.
MRTC infused US$ 190 million (P4.49 billion) in equity into the project.
MRTC obtained financial closing, with the help of international financial consultant JP Morgan, for loans worth US$ 465 million P 12.32 billion) from the Bank of Tokyo-Mitsubishi, and Japan Export-Import Bank (JEXIM); the Postal Bank of the Czech Republic and Czech Export Credit Agency; and a group of local banks on October 17, 1997.
The loans are backed by the government through a sovereign undertaking, as agreed with the Department of Finance, to cushion risks to investors and creditors.