DOST looking for investors of PH-made Monorail

CLARK FREEPORT ZONE — Department of Science and Technology (DOST) is currently looking for investors of Philippine made Monorail which was developed by the Metal Industry Research and Development Center (MIRDC). “We want to offer quality local technology works wherein if the equipment can be made in the Philippines, then it should not be imported. It should be made here. But the DOST can develop the concept and the private sector can invest for its mass production. For instance, we are offering the Monorail, the Automated Guideway Transit, to potential investors that will manufacture more units and upgrade its system. Once there are serious investors, they will resume the construction of the elevated track that will bring Monorail around the University of the Philippines (UP) Diliman,” Engr. Girlie Millo of the MIRDC explained during this week’s Regional Technology Transfer Day. DOST launched in 2012 the Php55 million worth AGT-Monorail prototype in UP Diliman.   It runs on a 500-meter track elevated 6.1 meters off. It has two coaches that can each carry 60 passengers. PIA 3)