Light Rail Manila

LRMC is a joint venture company of Metro Pacific Investments Corporation and Sumitomo Corporation's Metro Pacific Light Rail Corporation (MPLRC), Ayala Corporation's AC Infrastructure Holdings Corporation (AC Infra), and the Philippine Investment Alliance for Infrastructure's Macquarie Infrastructure Holdings (Philippines) PTE Ltd. (MIHPL). It assumed operations and maintenance of LRT-1 in September 2015 through a PHP 65-billion 32-year concession agreement with the Department of Transportation and the Light Rail Transit Authority (LRTA). LRT-1 is Metro Manila's ISO-certified train system.