MEGAWIDE CONSTRUCTION Corp. is launching next month the
Parañaque Integrated Terminal Exchange (PITX), a “landport” for
passengers from the south going to Metro Manila.
“We will be on soft opening this October with full operations
scheduled this November. We are working closely with the DoTr and
affiliated agencies such as the LTFRB to ensure that we are ready,”
Megawide subsidiary MWM Terminals, Inc. President Manuel Louie B. Ferrer
said in a statement over the weekend.
MWM Terminals, a consortium of Megawide and WM Property Management,
Inc., won the 35-year concession period to build and operate the PITX in
2015.
The P2.5-billion terminal located beside the old Coastal Mall in
Parañaque City is expected to improve passenger movement by connecting
buses, taxis, jeepneys, and in the future, the Light Rail Transit Line 1
(LRT-1) South Extension, in one portal.
“Our goal is to deliver hassle-free transfers between multiple modes
of transportation in PITX. Many of our technologies are being used for
the first time in a bus terminal setting in the country,” Mr. Ferrer
added.
Once fully operational, the PITX is expected to receive an average
foot traffic of 100,000 a day, but total capacity is at 200,000
passengers daily.
Megawide said the PITX has approximately 12,000-square meter (sq.m.)
leasable space inside the building, which will be available to tenants
by December. It will also lease four 17,900-sq.m. towers for interested
tenants starting next year.
The PITX is a three-storey building that will feature departure bays
for buses, jeepneys and taxis on the first floor, an arrival bay for
buses on the second floor, and private car parking facilities, action
utility vehicles (AUV) bays, and a link to the future LRT-1 South
Extension on the third floor. — Denise A. Valdez
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