
LIGHT Rail Manila Corp. (LRMC) on Wednesday said it signed a deal with Japanese firms Sumitomo Corp. and Hankyu Corp. for technical assistance in the operations and maintenance of the Light Rail Transit Line 1 (LRT-1) system.
Under the agreement, Hankyu Corp. will provide technical support to LRMC, aiding in the assessment of LRT-1 operations and enhancing procedures and staff training.
During the signing event in Makati City, Hankyu鈥檚 Senior Managing Director Masayoshi Uemura said that this marks the company鈥檚 inaugural involvement in a railway project outside Japan. Hankyu currently manages 190 kilometers of railway lines in the Kansai Region.
鈥淭raffic congestion is very serious in the Philippines. It is of vital importance to mitigate the traffic congestion,鈥 he said.
鈥淭o solve this problem, the railway service plays an increasingly important role in helping solve this crisis,鈥 he added.
Meanwhile, Transportation Secretary Jaime J. Bautista said that the agreement is expected to entice Japanese firms to invest in the country鈥檚 mass transport systems.
鈥淭his latest partnership for LRT-1鈥檚 operations and maintenance serves as showcase to convince new Japanese investors to seriously consider Philippine mass transport projects,鈥 he said.
Mr. Bautista added that the agreement is timely as partial operations for the LRT-1 Cavite extension will begin in the latter part of this year.
鈥淭his added layer of assistance will be most helpful especially at this time when the Cavite Extension is about to start partial operations very soon,鈥 he said.
聽The LRT-1 Cavite Extension project aims to add 11 kilometers to the current line, serving 800,000 passengers a day. It would also increase the number of LRT-1 stations from 20 to 28, linking Quezon City to Bacoor, Cavite.
LRT-1 is operated by LRMC.聽Sumitomo Corp. began investing in LRT-1 in 2020, supporting LRMC鈥檚 procurement of spare parts.
LRMC is the joint venture of Ayala Corp., Metro Pacific Light Rail Corp., and Macquarie Infrastructure Holdings (Philippines) Pte Ltd.
Metro Pacific Light Rail is a unit of Metro Pacific Investments Corp., which is one of three Philippine subsidiaries of Hong Kong鈥檚 First Pacific Co. Ltd., the others being PLDT Inc. and Philex Mining Corp.
聽Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., maintains interest in聽大象传媒聽through the Philippine Star Group, which it controls. 鈥 Revin Mikhael D. Ochave


