DOTr, LRTA sign credit line deal with LandBank
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Source: The Manila Times
Published: 2026-05-20 02:32 UTC+10:00
Section: General
Factuality Score: 90
Opinion Category: Neutral
Topics: Politics, Transport, Philippines, Labour & Workers, Business & Economy
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Snippet:
THE Department of Transportation (DOTr) and the Light Rail Transit Authority (LRTA) have signed a credit line agreement with state-run LandBank to pay the government’s P3.6 billion contractual obligations to Light Rail Manila Corp. (LRMC), the private operator of LRT-1.
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