10 months MRT 3 revenue drops in 2018 due to delay in deployment of trains from China MB
By Ben Rosario Revenue of the MRT-3 system dropped at its lowest at P2.068 billion in 2018 due to various reasons, including the failure of the Department of Transportation (DOTr) to harness the Dalian trains that were delivered a year before. The Commission on Audit (COA) made this financial assessment of the MRT-3 operations even as it asked DOTr to impose liquidated damages on the delays in the operational use of 48 light rail vehicles delivered by the contractor of the Dalian deal. (Mark Balmores / MANILA BULLETIN FILE PHOTO) “The revenue operaiton of the MRT system measured in terms ... more