Creating an Inter-Agency Committee to Conduct a Review of the MRT 3 Project ( Memorandum Order No. 181 )

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