The building of an integrated transport hub at the southern edge of the metropolis for over 2,000 provincial buses entering Metro Manila everyday will start this September.
This developed after the Department of Transportation and Communications (DOTC) yesterday (signed the Concession Agreement for the South Integrated Transport System (ITS) with the winning concessionaire .
“With the South ITS connecting different modes of transportation and services, we can guarantee the public more efficient and seamless transfers. It will also improve traffic flow and reduce congestion in Metro Manila, as it will serve as a transfer point for provincial buses entering the metropolis,” announced DOTC Secretary Jun Abaya.
The 35-year concession agreement with Arca South Integrated Terminal, Inc., which is fully owned by Ayala Land, Inc., was signed following the firm’s submission of the lowest annual grantor payment at P277.9 million and the fulfillment of all post-award requirements.
Construction is set to commence in September, 2016. As a Private-Public Partnership (PPP) project, private sector efficiency can be expected once the hub is fully operational. The South ITS is one of the intermodal facilities that will be the end-point for over 2,000 provincial buses currently entering Metro Manila daily, effectively decongesting main thoroughfares.
It will likewise allow convenient in-city public transport transfers, as railway lines, city buses, taxis, and other public utility vehicles servicing inner Metro Manila will be made available.
The terminal will be situated in a 5.7-hectare plot of land at the FTI Compound along SLEX, and will be connected to the North-South Railway Project.
Read more at http://www.mb.com.ph/dotc-awards-south-integrated-terminal-project/#KtXxRLHOSKxtPA7e.99 http://www.mb.com.ph/dotc-awards-south-integrated-terminal-project/