MALACAÑAN PALACE
MANILA

BY THE PRESIDENT OF THE PHILIPPINES

[ MEMORANDUM ORDER NO. 181, August 02, 2005 ]

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;

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

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.1âшphi1

Manila, Philippines, 02 August 2005

By authority of the President:

(Sgd.) EDUARDO R. ERMITA
Executive Secretary


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