Memorandum Order No. 181, issued on August 2, 2005, establishes an inter-agency committee to review the Metro Rail Transit 3 (MRT 3) Project. The committee is tasked with examining the MRT Corporation contract, assessing the project's commercial viability, proposing strategies for sustainability, and exploring the potential for a government takeover. It comprises representatives from various government departments, including Finance, Budget and Management, National Economic Development Authority, Transportation and Communications, the BOT Center, and the Office of the Chief Presidential Legal Counsel. The committee is required to submit its findings and recommendations to the Office of the President within two months of its formation.
August 2, 2005
MEMORANDUM ORDER NO. 181
CREATING AN INTER-AGENCY COMMITTEE TO CONDUCT A REVIEW OF THE METRO RAIL TRANSIT 3 PROJECT
There is hereby created an inter-agency committee to conduct a review of the Metro Rail Transit 3 (MRT 3) Project. The inter-agency committee is hereby tasked to conduct the following:
1. Review the Metro Rail Transit Corporation contract and related agreements; TAEcSC
2. Review the commercial viability of the MRT 3 project;
3. Formulate strategies, alternatives and options to ensure the commercial viability of the MRT 3 Project and sustain rail transit service to the public; and
4. Study the possibility of a government take-over of the MRT 3 Project in accordance with law.
The inter-agency committee shall be composed of the following:
| 1. | Chairman | : | Representative, Department of Finance |
| 2. | Members | : | Representative, Department of Budget and Management |
| Representative, National Economic Development Authority | |||
| Representative, Department of Transportation and Communications | |||
| Representative, BOT Center | |||
| Representative, Office of the Chief Presidential | |||
| Legal Counsel HIaTCc |
The inter-agency committee shall submit its report and recommendation to the Office of the President not later than two (2) months from its creation.
Manila, Philippines, August 2, 2005