The Department of Transportation (DOTr) announced that 26 Japanese companies have expressed interest in participating in the privatization of the Metro Rail Transit 3 (MRT-3) under a public-private partnership (PPP) scheme.Transportation Secretary Giovanni Lopez highlighted that this interest reflects confidence in the Philippine railway sector's potential.

The DOTr emphasized that modernizing the rail line is crucial to alleviate traffic congestion, which significantly impacts daily life in the Philippines.Lopez stated that the MRT-3 PPP is not just an investment opportunity but a chance to reshape mobility for millions.The government plans to open other railway projects, including the North-South Commuter Railway and Metro Manila Subway, to private investors.Lopez reiterated the commitment to building a railway system that meets the needs of Filipinos through collaboration with the private sector.The DOTr also mentioned that the Light Rail Transit-2 and Philippine Automated Fare Collection System PPPs will be available for investment.This initiative aims to improve transportation efficiency and reduce travel time for commuters.