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

This executive summary presents a Sustainable Asset Valuation (SAVi) assessment of a proposed mass rapid transit (MRT) system in Pampanga, Philippines. The assessment, conducted in collaboration with the National Economic and Development Authority (NEDA), compares traditional financial valuations with a sustainable approach that accounts for socio-economic and environmental externalities over a 30-year period from 2023 to 2053.

• The proposed MRT system in Pampanga is projected to deliver a cumulative discounted net benefit of PHP 360.3 million (USD 6,402 million) over a 30-year period from 2023 to 2053. The project's integrated benefit-to-cost ratio (BCR), which includes economic, social, and environmental benefits, is 1.72, whereas a traditional assessment that ignores these factors yields a BCR of only 0.62 (or 0.63 in some parts of the text).
• The most significant monetary impact of the MRT system is the avoided cost of traffic accidents, valued at a cumulative discounted PHP 239.7 million (USD 4,259 million). This is followed by time savings at PHP 182,367 million (USD 3,240 million) and avoided vehicle operating costs at PHP 109,988 million (USD 1,954 million).
• The MRT project involves high capital investment costs, totaling PHP 434,696 million (USD 7,722 million) through 2053, while projected cumulative revenues from ticket sales and system use are PHP 185,637 million (USD 3,298 million).
• The proposed MRT system is designed to cover the entire province of Pampanga to link cities and municipalities. The infrastructure will consist of five transport lines: four bus rapid transit lines and one light rail transit line.

APA

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

Chicago

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

Wikipedia

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

BibTeX

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