Company Profile
LRMC is a joint venture company of Metro Pacific Investments Corporation’s Metro Pacific Light Rail Corporation (MPLRC), Ayala Corporation’s AC Infrastructure Holdings Corporation (AC Infra), Sumitomo Corporation, and the Philippine Investment Alliance for Infrastructure’s Macquarie Investments Holdings (Philippines) PTE Ltd. (MIHPL). It assumed operations and maintenance of LRT-1 in September 2015 through a PHP 65-billion 32-year concession agreement with the Department of Transportation and the Light Rail Transit Authority (LRTA). LRT-1 is Metro Manila’s ISO-certified train system.
On October 12, 2014, LRMC signed a Concession Agreement with the DOTC and LRTA for the P65-billion LRT 1 Cavite Extension, Operation & Maintenance Project which is part of the 2011-2016 Philippine Development Plan to accelerate infrastructure.
Incorporated on July 22, 2014, LRMC engages in the development, construction, operation, maintenance, repair, management and other allied businesses involving railways and railroad projects and other transport systems for the private and public sector, including investing in such projects and bidding and negotiating for such projects.
Global Partners
RATP operates the world’s largest metro, bus, suburban, heavy-rail, and light-rail integrated public transport network in France. The network serves 11 million residents concentrated in a 12,000 square kilometer area. RATP is dedicated to operation and maintenance of all modes of urban transport. As an operator of suburban trains, metro, trams and buses, RATP has developed multi-modal integration solutions to facilitate connections between modes and generate ridership.
ALSTOM TRANSPORT PTE LRD – Alstom is a world-class rail solutions supplier, which develops and markets a complete range of systems, equipment and service for the railway industry. Alstom primarily supplies rolling stock, transport infrastructure, and signaling, maintenance equipment, and global rail systems. Alstom is ranked number 2 in urban transports (tramways, metros), number 2 in very high speed signaling and maintenance, and is among the leaders for electrical and diesel trains, information systems, traction systems, power supply systems, and track work. Additionally, Alstom prides itself for its technological advances which allowed it to achieve the world rail speed record of 574.8 km/h on 3 April 2007. Bouygues owns a 30% stake in Alstom.
Bouygues is a world-renowned civil and railway construction company of French origin. Bouygues specializes in underground works, complex civil engineering projects, and engineering structures, as well as road, public transport, and port infrastructures. Bouygues operates in over 60 countries and has over 52,000 employees. It has expertise in these key areas: large-scale project management of cutting-edge techniques and finance.
SYSTRA – highly respected French structural consulting group; in charge of designing the Cavite Extension works.