The Department of Transportation and Communications (DOTC) said the government has started the buyout of Metro Rail Transit Line 3 project (MRT-3) even if a decision by an arbitration court in Singapore is still being awaited on the case filed by the railway operator, Metro Rail Transit Corp. (MRTC), against the government.

“Currently we are already in an equity value buyout proceeding,” DOTC Secretary Joseph Emilio Abaya told reporters on Friday.

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