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Monday, September 30, 2024

Megawide unit eyes Caloocan transport hub

MWM Terminals Inc., a subsidiary of Megawide Construction Corp., plans to submit an unsolicited proposal to the Department of Transportation to build a transport terminal in Caloocan City, an executive said.

“We’re trying to look one in the north. We are trying to develop something there. It’s in discussion stage,” said Jason Salvador, head corporate affairs and government relations at Parañaque Integrated Terminal Exchange.

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Salvador said the company was looking at Monumento as the location of the new transport terminal in the north. “It could be an unsolicited proposal,” he said.

MWM Terminals earlier said it allotted P5 billion over the next five years to build more transport terminals similar to the PITX.

Megawide also plans to build PITX Lot 2 which would include four levels, with commercial leasing assets occupying the floors above the bus staging area. Darwin G. Amojelar

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