We Cannot Afford The Buyout

The government wants to buy out the Metro Manila Line 3 (MRT) to take over its operation. Their target date is First quarter of this year. But it is impossible if they do that because as of now they had a complaint from Metro Rail Transit Corporation (MRTC). This company filed a suit in arbitration tribunal in Singapore against the Philippine government for throwing all of their rights. The government signed the 1999 BLT agreement that the MRTC. MRTC private shareholders has the right to operate the MRT and they have also a right to choose contractor for the train development.questioning the government: why they gave a contract to Dalian Locomotive & Rolling Stock Co.? Without any proper consultation on their side; but Department of Transportation and Communications (DOTC) Secretary Joseph Emilio Abaya that said that they are not worried, they are very confident that the buyout will happen.