The Department of Transportation (DOTr) on Thursday assured the public that fares for LRT-2 and MRT-3 will remain under government control, even after the planned privatization of the two railway lines under a Public-Private Partnership (PPP) scheme.
“Privatization does not mean fares will automatically go up,” said Transportation Secretary Vince Dizon during a press briefing.
“The government will continue to regulate fare rates for LRT-2 and MRT-3, ensuring that commuters remain protected from unreasonable price hikes.”
The assurance comes amid growing concerns over the Marcos administration’s push to privatize operations and maintenance of the aging railway systems.
Dizon said the goal of the PPP is to improve efficiency and service quality, not to pass additional costs onto passengers.
The DOTr confirmed that the bidding process for LRT-2 will begin within the year, with technical assistance from the World Bank’s International Finance Corporation.
Meanwhile, the Asian Development Bank is supporting plans for MRT-3. Both projects are scheduled for rollout in 2025.
Dizon emphasized that existing government subsidies, such as fare discounts for students and the “1+3” transport program, will remain in place even after privatization, citing similar arrangements under the privately operated LRT-1.
Editor’s Note: This is an updated article. Originally posted with the headline: “No automatic fare hikes under LRT-2, MRT-3 privatization plan, DOTr assures”
