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The Interagency Investment
Coordination Committee-Cabinet Committee (ICCC) of the NEDA Board classified
as "national priority" the proposed closing, or linking, of the Light Rail
Transit (LRT) Line 1 and Metro Rail Transit (MRT) Line 3 Loop.
"Although the undertaking is
now considered a national priority project, we need to wait for the DOTC to
submit a proposal before any evaluation by the ICC can commence," Librado F.
Quitoriano, officer-in charge of the Infrastructure Staff, National Economic
and Development Authority (NEDA), said in statement.
The NEDA is the lead agency
of the ICC. The link would involve the connection between the existing
Monumento station of the LRT Line 1 and the North Avenue station of MRT Line
3.
The existing LRT Line 1 runs
from Baclaran in the south to Monumento in the north traversing Taft and
Rizal Avenues for a total length of 14.5 kilometers covering 18 stations.
MRT 3, Phase 1, on the hand,
traverses EDSA from Taft Avenue in the south to the EDSA North Avenue
intersection in the north for a total lenght of 16.9 kilometers covering 13
stations.
This would put in operation a
loop transit network for a seamless interface connection with other LRT/MRT
systems and other modes of transport.
"The riding public would
greatly benefit from the project, which is also expected to decongest the
whole of Metro Manila," Quitoriano added.
The closing of the loop would
proceed under a built-operate-transfer (BOT) scheme through a solicited
mode.
This complies with the
provisions of the BOT Law, or Republic Act 6957 as amended by RA 7718, and
its implementing rules and regulations (IRR), which states, among others,
that projects to be implemented under a BOT scheme or variant may only
proceed through a solicited mode.
BOT proposals that proceed
under solicited mode are proposals that originate from the implementing
agencies, which is the DOTC for this case.
On the other hand, BOT
projects under unsolicited mode originate from private sector proponents,
where proposals are submitted to the implementing agency, which then
evaluate and endorse the proposal to the appropriate approving body.
The NEDA official expressed
hope that the project could push through as soon as possible, noting that
the decentralization of progress around the nation through the development
of a reliable transportation network is one of President Arroyo's 10-point
development agenda.
"It will not only decongest
Metro Manila, it will also help facilitate the implementation of housing
projects and the development of new centers for government, business, and
housing within the area," the NEDA officials said.
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