Megawide’s Baguio project up for review, challenge
Megawide Construction Corp.’s unsolicited bid to recreate Parañaque Integrated Terminal Exchange (PITX) in Baguio City is targeted to undergo next year a comparative challenge — a crucial step before getting the go signal for the project—according to the Public-Private Partnership (PPP) Center of the Philippines.
PPP Center Executive Director Cynthia Hernandez, in a press briefing in Quezon City on Wednesday, said the P1.19-billion Baguio City Integrated Terminal Project was being reviewed for approval by the local government.
She said this would end by “early next year,” which would be followed by a comparative challenge.
In this stage, the government agency will invite other proposals that can rival the offer of Megawide. The original proponent is then allowed to match counter offers during the process; if no better offer was filed, Megawide will emerge as the winner.
READ: Megawide to build SMC’s Boracay airport terminal
Article continues after this advertisementREAD: Construction projects bolster Megawide profit
Article continues after this advertisementThe terminal project covers the operations and maintenance of an intermodal transport facility along Marcos Highway.
The transport hub—which will cater to provincial buses from outside of Baguio City—will be built with loading and unloading bays, passenger area and commercial spaces.
This is seen to complement the operations of Megawide’s PITX, which provides links to several provinces including Baguio City, Quezon Province, Laguna, Bicol and Batangas.
Along with this, Megawide’s P1.87-billion proposed Cavite Bus Rapid Transit (BRT) System is currently undergoing a comparative challenge. The deadline of submission for other bids is on Dec. 23.
The BRT project will span 42 kilometers across the cities and municipalities of Cavite—particularly Imus, General Trias, Tanzania, Kawit and Trece Martires—and surrounding areas to provide link to Metro Manila.
Last month, Megawide was tapped to design and build the passenger terminal building of Caticlan Airport, the gateway to Boracay Island.
The new building at the airport operated by San Miguel Corp. Infrastructure subsidiary Trans Aire Development Holdings Corp. is expected to cater to 7 million passengers annually.
This project meant Megawide’s return to the airport sector after selling its stake in Mactan-Cebu International Airport to Aboitiz InfraCapital Inc.
