MANILA - Conglomerate Ayala Corp. is looking at participating in the bidding for the proposed P2.5-billion Integrated Transport System (ITS) project – Southwest Terminal under the Aquino administration’s public private partnership (PPP) scheme.
John Eric Francia, managing director and head of corporate strategy at Ayala Corp., said the conglomerate and its property development and real estate arm Ayala Land Inc. is looking into the viability of the PPP project. “We will look into it with Ayala Land,” Francia said in a text message.
Infrastructure conglomerate Metro Pacific Investments Inc. and Malaysian-owned MTD Philippines Inc. have also expressed interest in the planned transport hub.
The proposed southwest terminal would be situated in a 2.9-hectare property located at the Coastal Road Terminal along the Manila-Cavite Expressway.
The terminal would connect passengers coming from Cavite to other urban transport systems such as the future Light Rail Transit line 1 (LRT) South Extension to Bacoor in Cavite, city bus, taxi, and other public utility vehicles plying Metro Manila.
The Department of Transportation and Communications (DOTC) is giving interested companies until May 15 this year to submit their technical and financial proposals.
The DOTC said the project would include a passenger terminal building, arrival and departure bays, public information system, ticketing and baggage handling facilities and park-ride facilities.
The proposed terminal is the fourth PPP project of the DOTC and would be under a build-transfer-operate arrangement. The winning proponent would finance, design, construct, operate, and maintain the ITS project for a period of 35 years.
To qualify to bid for the project, the DOTC stated in the invitation that a bidder must have local or international experience within the last 10 years and have completed one or more eligible projects with a cumulative cost of at least P2 billion and with capacity of at least 300 parking bays for vehicles.
The P7.7 billion ITS project was one of the seven major infrastructure projects worth P184.2 billion approved by the National Economic and Development Authority (NEDA) Board chaired by President Aquino last Nov. 21.
The project involves the establishment of three mass transportation intermodal terminals at the outskirts of Metro Manila – one in the north of EDSA serving passengers to and from northern Luzon and two in the south serving passengers to and from Laguna or Batangas side and those to and from the Cavite side.
“This terminal will ensure effective interconnection between different transport modalities and services and thus ensure efficient and seamless travel for the commuting public,” the DOTC said.