The last time the LRT-1, LRT-2, and MRT-3 hiked fares was in January 2015 – more than eight years ago. Since then, all railway operators have incurred ballooning deficits while relying on government subsidies to continue operations.
For both the LRT1 and LRT2, the boarding fare will be increased by P2.29, from P11 to P13.29. The distance fares will also go up by P0.21, from P1 per kilometer traveled to P1.221 per kilometer traveled.FARE ADJUSTMENT FORMULA. Shown here is the formula used to compute for the total train fare for the LRT1 and LRT2. Department of Transportation.
“The last day of publication of MRT3’s petition was on February 10, 2023, which is less than 10 days from the date of public hearing,” Aquino said. “On the petition application of the MRT-3, given the failure to comply with the required notice and publication, the hearing officer recommended that petitioner MRT-3 first comply with the requirements.
The discussions between the NEDA and the Light Rail Transit Authority board is expected to take a few months, according to Bautista.
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