A Sustainable Asset Valuation Assessment of the Mass Rapid Transit System in Pampanga, Philippines
Summary
The document outlines a SAVi assessment for a proposed MRT system in Pampanga, Philippines, consisting of four bus rapid transit (BRT) lines and one light rail transit (LRT) line. It employs system dynamics modelling and causal loop diagrams to compare a 'no action' scenario against the MRT implementation, identifying potential co-benefits such as reduced CO2 emissions, decreased traffic congestion, and increased regional connectivity. The assessment provides a detailed set of assumptions and data sources for calculating capital costs, operational revenues, and avoided costs related to health, accidents, and fuel use.
Key insights
- The proposed MRT system in Pampanga is designed to include four bus rapid transit (BRT) lines and one light rail transit (LRT) line to improve regional transportation and reduce CO2 emissions and air pollution.
- The SAVi assessment identifies several positive feedback loops associated with the MRT, including increased employment, higher property values and retail revenues around stations, and a reduction in road accidents and noise pollution.
- 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 projected between 2033 and 2046.
- The assessment projects significant economic benefits from the MRT, including a total yearly value of time saved for all lines of PHP 86,962.87 million and total yearly vehicle operating costs saved of PHP 47,365.35 million between 2025 and 2053.
- The MRT system is expected to generate total revenues of PHP 49,926 million from 2025 to 2050, while total operations and maintenance (O&M) costs for the same period are estimated at PHP 17,794 million.
Cite the original document
- 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} }
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