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MANILA, Philippines – The Transportation department eyes private investors to bid for the P64-billion ($1.44 billion) deal to extend Light Rail Transit to Dasmariñas, Cavite, its spokesperson said Wednesday, May 6.
Implemented under the government’s public-private partnership (PPP) thrust, the Department of Transportation and Communications (DOTC) hopes to get the approval of the National Economic and Development Authority (NEDA) Board next month for the rollout of the LRT6 project, spokesperson Michael Arthur Sagcal said in a text message.
The LRT6 contract, according to the PPP Center website, will involve designing, financing, and building a 19-kilometer (km) railway from Bacoor to Dasmariñas City in Cavite that will run alongside Aguinaldo Highway.
The project takes off from the LRT1 Cavite extension project, which will lengthen the line from 20.7 kilometers to 32.4 km, with a new south endpoint in Niog, Bacoor, Cavite.
This PPP railway deal secured the approval of NEDA Investment Coordination Committee (ICC) on April 23. This serves as an endorsement for final green light by the NEDA Board, which is chaired by President Benigno Aquino III.
“We plan to award the project by the first quarter of 2016,” Sagcal said, adding that the “construction is targeted to start in 2017.”
He added that LRT6 is targeted to be operational in 2021, years after the term of the Aquino administration ends in June 2016.
PPP Center said the project is aimed to “improve passenger mobility and reduce the volume of vehicular traffic in the Cavite area.”
“Cavite is experiencing a rapid growth, and many of its residents travel to Manila for work and education purposes,” the project brief on PPP Center web site showed.
Another DOTC project that was approved by the NEDA ICC on April 23 is the C5 Modern Bus Transit System Project.
This project, according to PPP Center, will involve the financing, construction, and development of a bus rapid transit (BRT) system along the C5 corridor. The winning bidder will run an interim bus service that will later transition into a BRT.
The BRT project is seen to “improve the connectivity among the cities of Parañaque, Taguig, Makati, Quezon City, and Valenzuela,” PPP Center said in its website. – Rappler.com
$1= P44.50
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