THE Makati City government on Wednesday signed a memorandum of understanding (MOU) that would pave the way for the construction of the first intra-city mass transit in the country.
The P185-billion Public Rail Transport (PRT) is a joint venture between Makati and the Philippine InfraDev Holdings Inc., a consortium of local and foreign investors, which will ensure and maintain operations and serve as a control hub for 30 years.
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