DOTr Taps Multilateral Backing to Lure Rail PPP Bidders
The Philippine Department of Transportation (DOTr) is leveraging multilateral financing tools, such as those from the World Bank, to attract private sector investment in its railway public-private partnership (PPP) projects. This strategy aims to draw more competitive bids for key rail infrastructure like MRT-3, LRT-2, and the Metro Manila Subway.
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