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Under the BOO scheme, the government has no cash out for this P 3.4-billion project, which is being funded by Stradcom Corporation.
The LTO-IT Project covers the development of an integrated IT system that will interconnect about 250 LTO
offices nationwide, automate and integrate its core business
processes, such as issuance of driver’s license and motor vehicle
registration, and enable online and real time processing of
transactions.
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