Ayala Corporation, the country’s oldest conglomerate, is preparing several infrastructure projects to ease the Metro Manila’s traffic “pain points.”
“Mega-city congestion is going to be an issue for years to come. So, we did an honest-to goodness scan of what we call pain points in Metro Manila – areas that lack for infrastructure or where demand far outweighs supply,” said AC Infra President and CEO Rene Almendras. The hotspots include EDSA, South Luzon Expressway, Commonwealth Avenue and Ninoy Aquino International Airport (NAIA), he said.
Almendras refused to detail their infra plans, but he hinted the projects would tackle vehicular traffic across the Pasig River, goods movement within and around Metro Manila,and the congestion of NAIA.
“We are still conducting our feasibility studies. We want to know what projects will create the biggest impact. But you will hear from us next year,” Almendras added.
Currently, the AC is eyeing the P74.5-billion proposed NAIA rehabilitation project which aims to improve the efficiency of NAIA’s four terminals, covering both its landside and airside operations.
According to Almendras, the AC has already organised a consortium with three other airport operators, with “an appropriate representation of expertise” for the land and air components.
The Ayala-run unit is also keen on bidding for the Light Rail Transit (LRT) Line 2 project. It involves the operation and maintenance of the line, as well as the planned extension to the east.
AC Infra already operates and maintains the LRT Line 1 with the Pangilinan-run Metro Pacific Light Rail Corp. Since their takeover in 2015, the consortium has increased the number of trains from 77 to 96, cut occupancy and waiting times.
Source: CNN Philippines