Manila LRT-4 project will be returned to the drawing board after the Department of Transportation and Communications (DOTC) didn’t roll it out before its stamp of approval expired last month.
The project, would need a new approval from the board of the National Economic and Development Authority (Neda), PPP Center executive director Andre Palacios said.
“There’s a six month period for validity from the approval of Neda. It expired in March. We are waiting for the DOTC on the next step,” Palacios said.
The government planned to offer to the winning bidder a 34-year concession period for the LRT-4 project. The auction period was supposed to run from February to August this year while construction would have started in June 2017 with completion and start of operations by June 2021.
“DOTC might want to do a fuller feasibility study and when the new study becomes available, they’ll bring it back,” Palacios said.
The 11 km LRT-4 line will link Taytay, Rizal and Ortigas Avenue in Metro Manila.
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