MANILA, Philippines – The Duterte administration once again is credit grabbing another project of the Aquino administration.
The Paranaque Integrated Terminal Exchange was inaugurated today and thousands of Du30 supporters are thanking Pres. Duterte’s so-called ‘completed project’ but actually the project started in 2015 and was slated to be completed this 2018.
ARTICLE FROM INQUIRER ( JANUARY, 2015)
The Aquino government awarded on Friday its ninth public private partnership (PPP) project, the Integrated Transport System-Southwest project (ITS), to a consortium led by Megawide Construction Corp.
The Department of Transportation and Communications (DoTC) said late Friday the Megawide-led MWM Terminals’ offer won over sole rival bidder Filinvest Land for a 35-year contract to build and operate the ITS-Southwest Terminal, which will be located near the Manila Cavite Expressway.
During the bidding, MWM Terminals, which includes the Sy family’s Waltermart retail group, offered that government pay it an annual fee of P100 million as against Filinvest Land’s P650 million offer for the 35-year concession period.
Because both groups offered an annual grantor payment, the lowest offer is regarded the superior bid, DOTC Undersecretary Jose Perpetuo Lotilla said.
“We have awarded the ITS-Southwest PPP project to MWM Terminals, which now has until February 12 to complete post-award requirements,” DOTC spokesperson Michael Sagcal said in a text message.
Completed by 2018
He added that the concession agreement would be signed by the fourth week of February. The project is expected to be finished by April 2018, Sagcal added.
The ITS projects are meant to create intermodal hubs where provincial buses would disgorge passengers to transfer to other in-city modes of transport such as elevated railways, city buses and UV Express vans. The move was aimed at easing congestion within Metro Manila.
The government earlier awarded eight projects under its PPP program although a larger number, or about 50 projects worth over $20 billion, remain in the pipeline.