All you need to know about South Integrated Transport System (ITS) Project (Taguig Integrated Terminal Exchange).
Taguig ITX
The Taguig Integrated Terminal Exchange Project (ITX) (formerly South Terminal of the Integrated Transport System) project will be constructed within a site area of 4.7 hectares.
It will connect passengers coming from the Laguna/Batangas side to other transport systems such as the future North-South Commuter Railway project (currently the Philippine National Railways), city bus, taxi, and other public utility vehicles that are serving inner Metro Manila.
Loading...
The project will include passenger terminal buildings, arrival and departure bays, public information systems, ticketing and baggage handling facilities, and park-ride facilities.
The private partner will undertake the design, construction, and financing of the ITS South Terminal as well as the operation and maintenance of the whole facility.
The concessionaire can also undertake commercial development and collect revenues generated from the same.
Indicative Cost
PHP 5.20 Billion **Project cost includes the cost of the C5-FTI-Skyway Connector Road (access ramp) of PhP 1,198.093 billion, and cost of land
Procurement Mode
Solicited Mode; Two-stage biddingPPP Structure
Build-Transfer-and-Operate (BTO)Cooperation Period
35 years inclusive of construction periodImplemention Mode
NationalRegion
NCR REGION - NATIONAL CAPITAL REGIONSector: Transportation, Transport Terminal
Private Proponent
Ayala Land Incorporated (ALI)Status
Contract signed on 26 January 2016; andCeremonial groundbreaking on January 17, 2018;
On-going pre-construction activities
UPDATE as of January 2018
Construction of the Taguig Integrated Terminal Exchange (ITX) public-private partnership (PPP) project is set to begin by the second half of the year, according to Philippine transport officials."The Taguig ITX construction would start by the second half of 2018 and is expected to start operation by first half of 2020," the Department of Transportation (DOTr) said in a statement.
This comes as the government, along with its private partner Ayala Land Inc. (ALI) broke ground for the P5.20-billion project on Wednesday.
The contract for the project — previously named the Integrated Terminal System (ITS) but renamed into the ITX under the Duterte administration — was signed by the government and ALI on January 26, 2016.
Under the agreement, ALI will undertake the design, construction, and financing of the ITS South Terminal which will be located within a site area of 4.7 hectares inside the Food Terminal Inc. (FTI).
It will connect passengers coming from the south such as Laguna and Batangas to other transport systems such as the Philippine National Railways (PNR), and other public utility vehicles (PUVs).
The project will also include passenger terminal buildings, arrival and departure bays, public information systems, ticketing and baggage handling facilities, and park-ride facilities.
Under the agreement, ALI will undertake the design, construction, and financing of the ITS South Terminal which will be located within a site area of 4.7 hectares inside the Food Terminal Inc. (FTI).
It will connect passengers coming from the south such as Laguna and Batangas to other transport systems such as the Philippine National Railways (PNR), and other public utility vehicles (PUVs).
The project will also include passenger terminal buildings, arrival and departure bays, public information systems, ticketing and baggage handling facilities, and park-ride facilities.
ATTRACTIONS TO SEE IN MANILA
Klook.comTransportation Secretary Arthur Tugade, however, said that the government asked for a new set of terms from its private partner before proceeding with the project, effectively causing the delay.
"This inauguration would have taken place last year, but then I had to dialogue and to have a heart-to-heart talk with the Ayala Group," he said.
"I said let's find ways how we can stop the practice and paradigm of government paying the private sector royalty grounds as they operate terminals," he added.
Under the initial terms agreed upon, the government should pay ALI P277 million during its concession period of 35 years.
"The solution is extend the term for some more years," Tugade said, noting that the royalties will no longer be paid.
The transportation chief also said he asked ALI to remit 2 percent of its rental income during its first year of operations.
ACTIVITIES AND TOURS IN MANILA
ALSO READ:
- ARCA SOUTH - A City In Sync
- C5 Southlink Expressway is now open to public!
- Parañaque Integrated Terminal Exchange (Routes, How To Get There, All You Need To Know)
- PH BUS AND FERRY OPERATORS (with Schedules and Terminals)
- Bulacan Airport Construction to be Started in Q4
IMPORTANT NOTE: The rates, contact details and other information indicated in this post are accurate from the time of writing but may change without IMFWJ's notice. Should you know the updated information, please message us on Facebook.
No comments
Let us know your thoughts!