PPP: Megawide group bags ITS Southwest Terminal deal

The government awarded last week the ITS Southwest Terminal deal to MWM Terminals.

The contract to build and operate the transport terminal is the first of the three public transport terminal projects in Metro Manila that will be implemented under the public-private partnership (PPP) scheme.

“We have awarded the ITS Southwest PPP project to MWM Terminals, which now has until February 12 to complete post-award requirements,” said Department of Transportation and Communications (DOTC) spokesperson Michael Arthur Sagcal.

According to Mr. Sagcal, the DOTC aims to sign the concession agreement by the fourth week of February.

“MWM will have eight months from then to begin construction, and another 18 months—or until the end of April 2017—to start operations,” he said.

The Megawide group offered a lower annual grantor payment of P100 million for the P2.5-billion Integrated Transport System (ITS) Southwest Terminal Project. This is equivalent to the fee that the government will pay for the services of the winning bidder.

Filinvest Land, Inc., the only other bidder, offered P650 million.

The ITS Southwest Terminal will be built on a 4.59-hectare area and will connect passengers coming from Cavite to transport services that serve the inner Metro Manila. It will include a passenger terminal building, arrival and departure bays, public information systems, ticketing and baggage handling facilities and park-ride facilities. 

MWM will operate and maintain the facility for 35 years.