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During the presidency of Pres. Benigno Aquino III, on October 2, 2014, the Department of Transportation and Light Rail Transit Authority signed a 32-year concession agreement with Light Rail Manila Corporation, a private consortium composed of AC Infra, Metro Pacific Light Rail Corporation and Macquarie Group for the Line 1 Operations & Maintenance, construction of the Cavite Extension and ...
Flag used by the Port Authority, a bicolor of Buff and Blue with the coat of arms of New Jersey and New York surmounted on gold fringe. The Port Authority of New York and New Jersey, (PANYNJ; stylized, in logo since 2020, as Port Authority NY NJ) is a joint venture between the U.S. states of New York and New Jersey, established in 1921 through an interstate compact authorized by the United ...
The Metropolitan Waterworks and Sewerage System [1] (Tagalog: Pangasiwaan ng Tubig at Alkantarilya sa Kalakhang Maynila), [5] formerly known as the National Waterworks and Sewerage System Authority (NAWASA), is the government agency that is in charge of water privatization in Metro Manila and nearby provinces of Cavite and Rizal in the Philippines.
The concession agreement was signed on October 2, [15] and the consortium took over the Line 1 operations on September 12, 2015. [ 3 ] [ 2 ] [ 16 ] Under the ₱65 billion 32-year concession agreement with the Department of Transportation and Light Rail Transit Authority, the company is mandated to carry out the rehabilitation of Line 1 as well ...
In 1976, Presidential Decree No. 1067, otherwise known as the Water Code of the Philippines was enacted. Based on the principles that: (a) “all water belongs to the State”; and (b) the State may allow the use or development of its waters by administrative concession", the NWRB was instituted as a “water resource regulator” tasked to ...
Water privatization in Metro Manila began when the then President of the Philippines, Fidel Ramos, instructed the government in 1994 to solve what he called the water crisis in Manila by engaging with the private sector. In 1997, two concession contracts for the Eastern and Western halves of Metro Manila were awarded after an open competition ...
International Container Terminal Services, Inc. (ICTSI) (PSE: ICT) is a global port management company headquartered in Manila, Philippines. Established in 1916, ICTSI is the Philippines' largest multinational and transnational company, having established operations in both developed and emerging market economies in Asia Pacific, the Americas, and Europe, the Middle East and Africa.
In May 2010, the Port Authority announced that it would purchase the Greenville Yard and build a new barge-to-rail facility there, as well as improving the existing rail car float system. The barge-to-rail facility is expected to handle an estimated 60,000 to 90,000 containers of solid waste per year from New York City, eliminating up to ...