Who Gains From MRT 3 Buyout?

There are yet again several controversies surrounding this plan of a buyout. People have wondered why all of the sudden Aquino wants to push through with this expensive buyout which will cost us P56 Billion pesos to complete. Aquino stated that it was to end the huge rental fees the government pays for private sector who owns the MRT3. It was estimated that this buyout will be finalized on the first quarter of 2015.

No To MRT Shutdown

Department of Transportation and Communications Secretary Joseph Emilio Abaya has backtracked on his proposal for a temporary shutdown of the Metro Rail Transit (MRT). Even if he didn't backtrack I still wouldn't say yes to this plan. The operations of MRT-3 have been hampered by a series of breakdowns brought about by broken rails, non-working communications system as well as floods. Last Aug. 13, a train overshot the Taft Avenue station and hit a concrete barrier, injuring at least 36 passengers.

The MRT Mess

The Senate public services committee turned into a mediator while the Department of Transportation and Communications chief Joseph Emilio "Jun" Abaya and Fil-Estate and MRT Holdings Chair Roberto Sobrepeña gave their respective sides to the story on the sorry state of the mass rail transit system MRT 3. Bob Sobrepeña revealed MRTC tried four times to buy new trains for the mass rail system as early as 2004, but there was no action on the part of DOTC.