TAGAYTAY CITY, Philippines—Two public-private partnership (PPP) projects, including the proposed P370-billion subway that will connect three business districts in Metro Manila, will be scrutinized at length before President Aquino gives his approval before the end of the month, PPP Center executive director Cosette V. Canilao said on Wednesday.
Canilao said a National Economic and Development Authority (Neda) Board meeting would be held on Mar. 24 or 25 to look into the viability of the mass transit system loop that would go through the commercial hubs of Bonifacio Global City (BGC), Makati central business district, and the Mall of Asia area in Pasay City; and the P19.3-billion motor vehicle inspection system (MVIS).
Mr. Aquino, who chairs the Neda Board, will preside over the meeting.
According to the PPP Center’s website, the mass transit system will involve the construction as well as operation and management of a 12-kilometer rail line that would run mostly underground. As for the MVIS, it will entail the development, operation and management of a nationwide network of vehicle inspection centers to be linked with the Land Transportation Office’s information system.
The two projects would be implemented by the Department of Transportation and Communications (DOTC).
Canilao said the Investment Coordination Committee would stick with its proposal to build a subway below BGC’s 26th Avenue, despite the DOTC warning that the project would be plagued by legal or right-of-way troubles because it would pass through a posh golf and country club.
But Canilao pointed out that “having the subway pass through 26th Avenue is P20-billion cheaper.”
Once the Neda Board approves the proposed subway, the bidding for the private sector partner will start by the latter part of the second quarter.
Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of INQUIRER.net. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City,Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94
seo tools
No comments:
Post a Comment