The Department of Transportation (DOTr) is exploring a potential public-private partnership (PPP) with Victory Liner to develop an integrated multi-modal terminal exchange in the northern part of the National Capital Region (NCR).
The initiative aims to mitigate traffic congestion by providing a centralized transport hub, similar to the successful Parañaque Integrated Terminal Exchange (PITX).
During the Bagong Pilipinas Town Hall Meeting on Traffic Concerns, convened by President Ferdinand "Bongbong" Marcos Jr. on Wednesday, DOTr Secretary Jaime Bautista emphasized the necessity of integrated transport exchanges in alleviating traffic issues. He mentioned a possible site for the northern terminal within Victory Liner’s seven-hectare property.
"In the north, we are looking for a possible location. The possible location would be in Victory Liner’s seven-hectare property… we had the initial discussion with the owners of Victory Liner," Bautista stated.
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He underscored the importance of forming a public-private partnership (PPP) to advance the project. "We need to have a public-private partnership with the owners. So, we are looking into this and if this pushes through, we will seek the help of the LGU to hasten the issuance of permits," Bautista added.
The Transportation Department is collaborating with the National Economic and Development Authority (NEDA) to secure project approval, noting that the project's significant cost necessitates NEDA's endorsement.
Bautista also mentioned a similar initiative in Taguig City, where the government is working with the Ayala Group. The P5.20-billion Taguig Integrated Terminal Exchange Project is currently in the pre-construction phase, with ongoing finalization of the traffic management plan and detailed engineering design. This project is being undertaken by ARCA South and Ayala Land Inc.
Marco Del Pilar, representative of the Provincial Bus Operators of the Philippines, called for government support in constructing and expanding terminal exchange facilities akin to PITX. He urged for simplified processes for construction and building permits for transit-oriented projects and the provision of tax incentives to ensure these projects' financial viability.
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