Tuesday, January 26, 2016
DOTC Signs Agreement For South Integrated Terminal System
An integrated transport hub will soon rise at the southern edge of the metropolis, as the Department of Transportation and Communications (DOTC) has signed the Concession Agreement for the South Integrated Transport System (ITS) with the winning concessionaire today.
“With the South ITS connecting different modes of transportation and services, we can guarantee the public more efficient and seamless transfers. It will also improve traffic flow and reduce congestion in Metro Manila, as it will serve as a transfer point for provincial buses entering the metropolis,” said DOTC Secretary Jun Abaya.
The 35-year concession agreement with Arca South Integrated Terminal, Inc., which is fully owned by Ayala Land, Inc., was signed following the firm’s submission of the lowest annual grantor payment at P277.9 million and the fulfillment of all post-award requirements.
Construction is set to commence in September 2016. As a Private-Public Partnership (PPP) project, private sector efficiency can be expected once the hub is fully operational.
The South ITS is one of the intermodal facilities that will be the end-point for over 2,000 provincial buses currently entering Metro Manila daily, effectively decongesting main thoroughfares. Moreover, it will allow convenient in-city public transport transfers, as railway lines, city buses, taxis, and other public utility vehicles servicing inner Metro Manila will be made available.
The terminal will be situated in a 5.7-hectare plot of land in the FTI Compound along SLEX, and will be connected to the North-South Railway Project.