PROJECTS
Light Rail Transit PPP, Philippines
The problem
Traffic congestion was costing Manila US$67 million per day in lost output. Rehabilitation and extension of the elevated metro-rail line ‘LRT1’ was urgently needed. The government planned a PPP to provide finance and ensure accountable operation and maintenance of the system, but existing public entities were not well equipped to manage a PPP contract.
How we helped
Working with IFC, Castalia was engaged to help the government create a contract management office to supervise and manage the PPP contract for the US$1.5 billion project. We advised on roles, organization, processes and required skills for PPP contract management.
Impact
The LRT1 PPP contract was awarded on October 2014, with $925 million in private investment committed. Stations have been rehabilitated and new train sets added, increasing frequency of service. In May 2019, construction commenced on the LRT1 extension which will add 12 km to the existing 21 km LRT1 system. Passenger throughput is expected to increase by 300,000 to 800,000 passengers daily, while CO2 emissions are projected to be 40,000 tones per year lower than they would be without the project.
The client
Our team
How can we help you?
How can we help you?
WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America
SYDNEY
+61 (2) 9231 6862
Suite 19.01, Level 19, 227 Elizabeth Street
Australia
AUCKLAND
+64 (4) 913 2800
Sinclair House, 3 Glenside Crescent
New Zealand
WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand
PARIS
+33 (0)1 85 64 10 22
3B Rue Taylor
France
BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-121
Colombia
Thinking for a better world.
WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America
SYDNEY
+61 (2) 9231 6862
Suite 19.01, Level 19, 227 Elizabeth Street
Australia
AUCKLAND
+64 (4) 913 2800
74D France Street, Newton South
New Zealand
WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand
PARIS
+33 (1) 73 44 26 97
6 Rue Duret
France
BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-127
Colombia
Thinking for a better world.