FFE Magazine

8 groups submit documents for MRT, LRT single ticketing system

MANILA, Philippines – Eight groups, led by the country’s largest conglomerates, have submitted qualification documents to the Department of Transportation and Communications (DOTC) for the P1.72-billion single contactless ticketing system for the Metro Rail Transit (MRT) and Light Rail Transit (LRT).

DOTC undersecretary Jose Perpetuo Lotilla said the groups include the tandem of infrastructure conglomerate Metro Pacific Investments Corp. and Ayala Corp. or the AF Consortium, San Miguel Corp., SM consortium of retail magnate Henry Sy, Comworks, Lamco consortium, E-Trans Solutions, MTD-PRLM consortium, and Mega Lucky United Consortium.

The DOTC and the Light Rail Transit Authority will evaluate documents and companies that meet the eligibility requirements will qualify to participate in the actual bidding scheduled in the third quarter of the year.

The MRT-LRT single ticket is envisioned to be like Hong Kong’s Octopus Card, which serves as a debit card, aside from being a stored-value train ticket. The single ticket can be used for other modes of transportation such as buses, paying toll, electronic banking, and even shopping.

The project will benefit over one million daily passengers using the light rail lines, ensuring seamless interconnection for travelers and removing the inconvenience of buying separate tickets for separate lines.

It will replace the magnetic based ticketing system and serve as an electronic micropayment in convenience stores, identifier for loyalty schemes, facility access and location based services for other transport modes such as buses and taxis.

Source: updated from Philstar

SHARE YOUR IDEAS

COMMENTS

Leave a Reply

 

Important Advisory

Happy Regalo Information

Heavenly Matters1

Beauty and Fashion

21mar sidebar2

 

 materialism

 


100-yrs-beauty-4-12-14 - Copy

important advisory

 

 how they do it

BDO

bdo

 

Weather Forecast

Philippine Peso Converter
Philippine and European Times