5 firms eye P4B ITS-South Terminal project
MANILA, Philippines – Five companies, led by diversified conglomerate San Miguel Corporation and property giant Ayala Land Inc, are set to bid on the proposed P4-billion ($91.64-million) Integrated Transport System (ITS) at the Food Terminal Inc (FTI) compound in Taguig City.
Department of Transportation and Communications (DOTC) spokesman Michael Arthur Sagcal said on Friday, August 29, that San Miguel, Ayala Land, the Filinvest Group of taipan Andrew Gotianun, Filipino-owned Megawide Construction Corporation, and Datem Construction bought bid documents for the public-private partnership (PPP) project which will be up for bids beginning September.
The DOTC has given interested bidders until October 6 to submit bids to finance, design, construct, operate, and maintain the ITS-South Terminal designed to serve passengers coming from Laguna and Batangas.
The terminal would connect passengers from the Laguna and Batangas side to other urban transport systems such as the proposed North-South Commuter Rail of the Philippine National Railways, city buses, taxis, and other public utility vehicles that serve inner Metro Manila.
The project would include a passenger terminal building, arrival and departure bays, public information systems, ticketing and baggage holding facilities, and park-ride facilities.
ITS-Southwest Terminal bid submission moved anew
Meanwhile, DOTC again moved the deadline for the submission of bids for the proposed P2.5 billion ($57.27 million) ITS-Southwest Terminal to late September instead of August 30.
The ITS-Southwest Terminal will be situated in a 2.9-hectare property located at the Coastal Road Terminal along the Manila-Cavite Expressway.
The terminal that would connect passengers coming from Cavite to other urban transport systems such as the future Light Rail Transit line 1 (LRT1) South Extension to Bacoor in Cavite, city buses, taxis, and other public utility vehicles plying Metro Manila.
A total of 11 firms, including the country’s largest conglomerates, are participating in the bid. They include:
- San Miguel Corporation
- Ayala Corporation and property arm Ayala Land Incorporated
- Metro Pacific Tollways Corporation of Metro Pacific Investments Corporation
- Robinsons Land Incorporated of tycoon John Gokongwei
- Filinvest Land Incorporated of tycoon Andrew Gotianun
- Mega-wide Construction Corporation
- D.M. Wenceslao and Associates Incorporated
- Vicente T. Lao Construction
- French-owned Egis Projects Philippines
- State Properties Corporation
- Expedition Construction Corporation
The proponent will finance, design, construct, operate, and maintain the ITS project for a period of 35 years.
The DOTC is also looking at putting up an ITS-North Terminal project to be situated either at the Manila Seedling Bank or near the Trinoma Mall in Quezon City.
The P7.7 billion ($176.65 million) ITS project is among the 7 major infrastructure projects worth P184.2 billion ($4.23 billion) approved on November 21, 2013, by the National Economic and Development Authority (NEDA) Board chaired by President Benigno Aquino III.
The mass transportation intermodal terminals would maximize road usage by reducing vehicle volume and eliminating provincial bus traffic to improve traffic flow along Metro Manila’s major thoroughfares, particularly EDSA. – Rappler.com
*$1 = P43.59