The Department of Transportation and Communications (DOTC) on Friday awarded the PhP2.5 billion (€50.6 million; $56.7 million) Southwest terminal of the Integrated Transport System (ITS) public-private partnership (PPP) to MWM Terminals, a consortium of Quezon City-based publicly-listed construction firm Megawide Construction Corp and mall developer WM Property Management.
The 35-year design-build-transfer and operate concession of the Southwest terminal, inclusive of a two-year construction phase, is the ninth PPP awarded under the Aquino administration.
The Southwest terminal of the Integrated Transport System aims to provide passengers of public transport in Manila with a platform interconnecting all modes of public transportation currently co-existing in and yet to be constructed, such as the much awaited LRT1 RMT line.
It will occupy an area of 4.59 hectares and consist of a passenger terminal building featuring emergency maintenance areas, arrival and departure bays, ticketing facilities, park and ride facilities, and transfer facilities such as shuttles to provide seamless transport connections. After the issuance of the notice of award, the signing of the concession agreement will follow.
MWM Terminals has eight months after signing to start construction of the project.
ITS-Southwest project is part of the government’s goal to reduce vehicle volume and improve the traffic flow along Metro Manila’s major routes. The ITS-Southwest Terminal, to be constructed on a site outside the metro, will serve passengers on the Cavite side. It will connect commuters to other transport modes such as the LRT/PNR, city buses, taxis, and other PUVs serving inner Metro Manila.