Parañaque Integrated Terminal on track to open in Q2 — DOTr
MANILA, Philippines — The Parañaque Integrated Terminal Exchange is on track to open within the quarter, the Department of Transportation (DOTr) said.
According to the DoTr, the project is already 75.01 percent complete as of March 24.
“Once fully operational come second quarter of 2018, this intermodal transport hub will interconnect LRT (Light Rail Transit) Line 1, city and provincial buses, as well as UV express and PUJ (public utility jeepneys) routes – all for the benefit of approximately 200,000 passengers daily and the decongestion of traffic volume in EDSA,” the DOTr said.
Earlier, the DOTr said the project could be completed in April.
The project is being built by the consortium of Megawide Construction Corp. and WM Property Management Inc. which bagged the contract under the public-private partnership (PPP) program during the previous administration.
It involves the design, construction, as well as financing of an integrated transport hub within a site area of 4.59-hectares.
The project will also include passenger terminal buildings, arrival and departure bays, public information systems, ticketing and baggage handling facilities, and park-ride facilities.
Apart from building and handling the operations and management of the facility, the consortium can also undertake commercial development and collect revenues generated from the same.
The project will allow passengers from the Cavite side to safely and conveniently transfer facilities.
It is also expected to contribute in the reduction of vehicle volume, as well as improve major thoroughfares, particularly EDSA.
In addition to the transport hub in Parañaque, Megawide is involved in another PPP project, the Mactan-Cebu International Airport (MCIA) passenger terminal building.
Megawide with GMR Infrastructure Ltd. of India took over operations of the MCIA in November 2014.
The group of Megawide and GMR also won the construction contract for the Clark International Airport’s new terminal building.
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