Common Contracts
1 similar null contracts
Ex-Ante EvaluationFebruary 26th, 2019
The population of Metro Manila, with its relatively small area of 620 km2, has been surging at an annual rate of 1.8%. Despite the resulting 1.6-fold increase from 7.92 million in 1990 to 12.87 million in 2015, this crammed area only has three rapid transit lines with a total length of around 50 km. Transport capacity in some of these lines has reduced due to inadequate maintenance and ageing management, exacerbating traffic congestion in Metro Manila. The estimated daily social cost associated with congestion in the Republic of Philippines (hereinafter referred to as the “Philippines”) amounts to 3.5 billion pesos, lowering the international competitiveness of the country's economy.
