A Sustainable Asset Valuation Assessment of the Mass Rapid Transit System in Pampanga, Philippines

This methodological note describes a Sustainable Asset Valuation (SAVi) assessment conducted by the International Institute for Sustainable Development (IISD) for a proposed mass rapid transit (MRT) system in Pampanga, Philippines. The document outlines the SAVi framework, which integrates system dynamics, multi-criteria analysis, and project finance modelling to evaluate the economic, social, and environmental impacts of the project compared to a 'no action' scenario.

• The proposed MRT system in Pampanga consists of five lines in total: four bus rapid transit (BRT) lines and one light rail transit (LRT) line.
• The SAVi assessment identifies several positive outcomes of the MRT system, including the mitigation of negative environmental impacts by reducing fuel use and CO2 emissions, the improvement of economic outcomes such as GDP, property values, and retail revenues, and the enhancement of social outcomes like employment and physical activity.
• The total capital investment for all BRT and LRT lines is estimated at PHP 97,177 million, with an additional investment of PHP 32,006 million planned for the period 2033–2046.
• The assessment projects significant economic benefits from the MRT system, including a total yearly value of time saved for all lines of PHP 86,962.87 million (2025-2053) and total yearly vehicle operating costs saved of PHP 47,365.35 million (2025–2053).
• The project's operational scale includes 161 BRT buses across four lines and 90 LRT trains, with total revenues from all lines estimated at PHP 49,926 million for the period 2025–2050.
• The SAVi methodology utilizes Causal Loop Diagrams (CLDs) to map the interconnections of the system. A primary dynamic identified is the shift from private vehicle fleet use to mass transit systems, which is influenced by factors such as population growth in Pampanga and resulting traffic congestion.

APA

International Institute for Sustainable Development (2024). A Sustainable Asset Valuation Assessment of the Mass Rapid Transit System in Pampanga, Philippines. https://www.iisd.org/system/files/2024-08/savi-mass-rapid-transit-pampanga-philippines.pdf

Chicago

International Institute for Sustainable Development. A Sustainable Asset Valuation Assessment of the Mass Rapid Transit System in Pampanga, Philippines. 2024. https://www.iisd.org/system/files/2024-08/savi-mass-rapid-transit-pampanga-philippines.pdf.

Wikipedia

{{cite report |author=International Institute for Sustainable Development |title=A Sustainable Asset Valuation Assessment of the Mass Rapid Transit System in Pampanga, Philippines |date=August 2024 |url=https://www.iisd.org/system/files/2024-08/savi-mass-rapid-transit-pampanga-philippines.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{internationalinstituteforsustainabledevelopment2024sustainable, author = {{International Institute for Sustainable Development}}, title = {{A Sustainable Asset Valuation Assessment of the Mass Rapid Transit System in Pampanga, Philippines}}, institution = {International Institute for Sustainable Development}, year = {2024}, month = aug, url = {https://www.iisd.org/system/files/2024-08/savi-mass-rapid-transit-pampanga-philippines.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }