Manila Bulletin - Trade & Industry

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Trade & Industry

Manila Bulletin

Gov't vows to settle LRT-1 debt by next year amid MPIC divestment talk

The government aims to settle its outstanding obligations to Light Rail Manila Corp. (LRMC) by next year, after one of the major investors in the Light Rail Transit Line 1 (LRT-1) operator considered selling its stake. Acting Transportation Secretary Giovanni Lopez said last month that the...
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