SMRT Trains and SMRT Light Rail to Transit to New Rail Financing Framework

The Land Transport Authority (LTA) and SMRT Trains Limited (SMRT Trains) have concluded discussions on the transition of the North-South and East-West Lines (NSEWL), the Circle Line (CCL) and the Bukit Panjang LRT (BPLRT) to the New Rail Financing Framework (NRFF), which had been announced by the Government in 2008 and implemented for the Downtown Line (DTL) in 2011. The transition will benefit commuters by bringing about five changes.

New Rail Financing Framework

To deliver reliable train services for commuters in a financially sustainable manner, LTA and SBS Transit (SBST) have concluded the review of the NRFF for the Downtown Line (DTL) . Since 1 January 2022 , DTL has transitioned to NRFF version two which is applied to the majority of other rail lines.

Philippines: Manila LRT 1

Manila’s Light Rail Transit Line 1 (LRT-1) started commercial operations in 1984. It was the first LRT line built in the Philippines. Thirty years later, it continues to be an integral part of the urban transport system, carrying about half a million passengers daily along one of the densest traffic corridors in Metro Manila. But years of under spending on maintenance had taken a toll on the system with infrastructure fast deteriorating, the available train fleet significantly shrinking, and safety becoming an urgent concern.

A Tale of Three Cities: Urban rail concessions in Bangkok, Kuala Lumpur and Manila

This study of MRT concessions policy is a background paper to a flagship study of infrastructure service provision in East Asia and the Pacific. It concerns the role of private concessions in developing urban MRT1 systems in East Asian cities. It is primarily founded on the experiences of Kuala Lumpur, Bangkok and Manila and the comparator cities London, Singapore and Hong Kong.

London Overground Concession Agreement

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committee paper (Finance and Policy Committee, Transport for London) of 2 March 2016 summarizes main features of the draft concession agreement which was put out for comment from prequalified bidders as well as lessons learnt from other projects taken into account in the project design.

Railway PPPs

Efficient rail transport can be an important catalyst for economic growth and development. Rail transport can stimulate trade, link production sites to regional and international markets, promote national and cross-border integration of regions and facilitate access to labor markets, education and health services.

Private Sector Participation in Light Rail - Light Metro Transit Initiatives

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By Cledan Mandri-Perrott (with Iain Menzies), Public-Private Advisory Facility (PPIAF) 2010 – Toolkit on PPP arrangements for the establishment of effective light-rail metro transit (LRMT) systems. Presents options and discusses practical issues related to preparing and implementing new LRMT PPP schemes. The toolkit is intended as a practical guide to developing LRMT PPPs in both developed and developing countries. It aims to help government and public authorities to make informed decisions, adapted to local policy and objectives.