THE LIGHT RAIL Transit Authority (LRTA) said the government is hoping to complete the acquisition of right-of-way (RoW) for segments 2 and 3 of the Light Rail TransitTHE LIGHT RAIL Transit Authority (LRTA) said the government is hoping to complete the acquisition of right-of-way (RoW) for segments 2 and 3 of the Light Rail Transit

Gov’t hopes to secure full RoW for LRT-1 Cavite extension by yearend

2026/02/26 00:02
3 min read

THE LIGHT RAIL Transit Authority (LRTA) said the government is hoping to complete the acquisition of right-of-way (RoW) for segments 2 and 3 of the Light Rail Transit Line 1 (LRT-1) Cavite extension within the year.

“Our target is to deliver the RoW for segments 2 and 3 this year or early next year,” LRTA Executive Hernando T. Cabrera told reporters last week.

Light Rail Manila Corp. (LRMC), operator of LRT-1, opened Phase 1 of the Cavite extension in 2024, adding five new stations to the rail line.

The first phase extended the line by 6.2 kilometers, connecting Baclaran Station in Pasay City to Dr. Santos Station in Parañaque City.

Phases 2 and 3, covering mostly Cavite stations, will include Las Piñas, Zapote, and Niog stations.

The government is working to secure the RoW to begin construction of the Cavite extension, Mr. Cabrera said, noting that full RoW has already been acquired for Segment 3, while acquisition for Segment 2 is now nearly 70% complete.

Mr. Cabrera pointed to a flyover constructed along the rail line’s alignment as a main challenge in completing the acquisition of RoW.

“For now, the most important is to deliver the RoW, so that they can start the (construction),” he said, adding that LRMC does not need to redesign the alignment despite the flyover.

“They do not have to redesign because they have not submitted the design yet. Our task is to complete the RoW right now,” he said.

The Department of Transportation last year requested an additional P3 billion in funding to build an extra station in Bacoor City for the LRT-1 Cavite extension.

“That will be a future station, because right now, we cannot change it; if we add a new station, we have to change the concession agreement. Yes, we can accommodate one or two more new stations but that will happen in the future,” Mr. Cabrera said.

LRMC is a joint venture of Ayala Corp., Metro Pacific Light Rail Corp., and Macquarie Infrastructure Holdings (Philippines) Pte. Ltd. Metro Pacific Light Rail is a unit of Metro Pacific Investments Corp., which is one of three Philippine subsidiaries of Hong Kong’s First Pacific Co. Ltd., the others being PLDT Inc. and Philex Mining Corp.

Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., maintains an interest in BusinessWorld through the Philippine Star Group, which it controls. — Ashley Erika O. Jose

Market Opportunity
Ucan fix life in1day Logo
Ucan fix life in1day Price(1)
$0.0006389
$0.0006389$0.0006389
-6.18%
USD
Ucan fix life in1day (1) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

USDT Market Capitalization Drops by Over $3 Billion, Raising Market Concerns

USDT Market Capitalization Drops by Over $3 Billion, Raising Market Concerns

The post USDT Market Capitalization Drops by Over $3 Billion, Raising Market Concerns appeared on BitcoinEthereumNews.com. Tether’s market capitalization has declined
Share
BitcoinEthereumNews2026/02/26 08:25
US goods inflation has been somewhat affected by tariffs

US goods inflation has been somewhat affected by tariffs

The post US goods inflation has been somewhat affected by tariffs appeared on BitcoinEthereumNews.com. The International Monetary Fund (IMF) Managing Director Kristalina
Share
BitcoinEthereumNews2026/02/26 08:33
First Multi-Asset Crypto ETP Opens Door to Institutional Adoption

First Multi-Asset Crypto ETP Opens Door to Institutional Adoption

The post First Multi-Asset Crypto ETP Opens Door to Institutional Adoption appeared on BitcoinEthereumNews.com. The US Securities and Exchange Commission (SEC) has officially approved the Grayscale Digital Large Cap Fund (GDLC) for trading on the stock exchange. The decision comes as the SEC also relaxes ETF listing standards. This approval provides easier access for traditional investors and signals a major regulatory shift, paving the way for institutional capital to flow into the crypto market. Grayscale Races to Launch the First Multi-Asset Crypto ETP According to Grayscale CEO Peter Mintzberg, the Grayscale Digital Large Cap Fund ($GDLC) and the Generic Listing Standards have just been approved for trading. Sponsored Sponsored Grayscale Digital Large Cap Fund $GDLC was just approved for trading along with the Generic Listing Standards. The Grayscale team is working expeditiously to bring the FIRST multi #crypto asset ETP to market with Bitcoin, Ethereum, XRP, Solana, and Cardano#BTC #ETH $XRP $SOL… — Peter Mintzberg (@PeterMintzberg) September 17, 2025 The Grayscale Digital Large Cap Fund (GDLC) is the first multi-asset crypto Exchange-Traded Product (ETP). It includes Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). As of September, the portfolio allocation was 72.23%, 12.17%, 5.62%, 4.03%, and 1% respectively. Grayscale Digital Large Cap Fund (GDLC) Portfolio Allocation. Source: Grayscale Grayscale Investments launched GDLC in 2018. The fund’s primary goal is to expose investors to the most significant digital assets in the market without requiring them to buy, store, or secure the coins directly. In July, the SEC delayed its decision to convert GDLC from an OTC fund into an exchange-listed ETP on NYSE Arca, citing further review. However, the latest developments raise investors’ hopes that a multi-asset crypto ETP from Grayscale will soon become a reality. Approval under the Generic Listing Standards will help “streamline the process,” opening the door for more crypto ETPs. Ethereum, Solana, XRP, and ADA investors are the most…
Share
BitcoinEthereumNews2025/09/18 13:31