Commuters of the Light Rail Transit’s (LRT) Lines 1 and 2 will have to shell out more money for their train rides starting August 2, as the Department of Transportation (DOTr) approved a fare adjustment on Monday.
The DOTr said the fare hike was based on the improving economy and the declining inflation rate, as reported by President Ferdinand “Bongbong” Marcos Jr. in a cabinet meeting on June 6.
The fare adjustment was previously approved by the DOTr’s Rail Regulatory Unit (RRU), which granted the petitions of the Light Rail Transit Authority (LRTA) and the Light Rail Manila Corporation (LRMC) to increase the train boarding fee by P2.29 with an additional 21 centavos for every kilometer traveled.
The minimum boarding fee for LRT-1 and LRT-2 will be P13.29, up from P11, and the per-kilometer charge will be P1.21, up from P1.
Assistant Secretary for Railways Jorjette B. Aquino said the fare adjustment will enhance the services, amenities, and technical capacities of the LRT-1 and LRT-2 in line with the government’s agenda to improve public transport infrastructure.
She added that the LRTA will allocate about P110 million, or 97% of the projected P114 million additional rail revenues, for maintenance, operating expenses, and the repair and upkeep of crucial rail systems and facilities.
The LRTA and LRMC will publish the approved fare adjustments in at least one newspaper of general circulation for three consecutive weeks: June 19, June 26, and July 3. The fare adjustment will take effect 30 days after the last publication date.
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The LRT-1 runs from Baclaran in Parañaque City to Bago Bantay, Quezon City (Roosevelt); and LRT-2 from Recto in Manila to Antipolo City in Rizal.
Source: PNA
