PPP: NEDA's ICC-CabCom approves LRT Cavite extension project

Approved by the Joint Investment Coordination Committee-Technical Board and Cabinet Committee (ICC-CabCom) of the National Economic and Development Authority (NEDA) two weeks ago, the Light Rail Transit Line Cavite Extension Project will be endorsed for final approval to the NEDA Board led by President Benigno S.C. Aquino III. 

The project was just one of the four infrastructure projects approved by the committee last April 23.

Leading the four projects that will be endorsed for final approval by the NEDA Board is the P64-billion LRT Line 6 Project, which will involve construction of a seven-station, 19-kilometer railway between Niyog in Bacoor to Dasmarinas City in Cavite. 

Another project under the Department of Transportation and Communications (DOTC) that was approved was the P15.354-billion construction of a new 82,200-square meter passenger terminal building at the Clark International Airport. 

Government-funded, the project is separate from the PPP Clark International Airport Project that is currently under study and will involve private operation and maintenance of the entire airport, including the existing terminal, budget terminal and airside facilities for a defined concession period and at an indicative cost of about P55.32 billion. 

According to the PPP website, the project “will enhance the existing terminal and undertake the construction of the legacy terminal and improve the facilities required on the airside and landslide.”

The two other projects are the Bonifacio Global City (BGC)-Ortigas Link Road Project that will provide alternative transport access between the two emergent business centers, and the Metro Manila Priority Bridges Seismic Improvement Project that will strengthen the resilience of Guadalupe and Lambingan Bridges in Makati and Manila cities to quakes with magnitude of up to 7 on the Richter scale. 

The P5.724-billion BGC-Ortigas Road Link Project will be financed by the state, while the P4.29-billion Metro Manila Priority Bridges Seismic Improvement Project will be funded partly by official development assistance.

Also proposed by the DOTC, the C-5 Modern Bus Transit System Project was deliberated by the ICC and is still subject to further review in the next ICC-CabCom meeting. This project will provide high-quality bus service along three routes via C-5: Batasan Hills or Commonwealth Avenue to the Food Terminal, Inc. complex in Taguig City; Makati City to Cogeo area in Antipolo City; and Ortigas Center to Antipolo City.