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Sunday, November 24, 2024

2 major transport projects get interest of 4 consulting firms

The Public-Private Partnership Center said two big-ticket transportation projects to be implemented by the Department of Transportation received significant interest from consulting firms.

The PPP Center said four international and national consulting firms submitted technical and financial proposals for project preparation, showcasing their commitment to participate in the Manila Bay-Pasig River-Laguna Lake Ferry Project and the NCR EDSA Busway.

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Officials of the PPP Center and the DOTr signed a technical assistance agreement on April 5, 2023 for the provision of project preparation and transaction advisory services for these two projects.

The project preparation activities will be undertaken with funding through the Project Development and Monitoring Facility that the PPP Center is managing.

The MAPALLAF Project is expected to revolutionize the transportation landscape by establishing a high-capacity, high-frequency and low carbon ferry system that will connect Manila Bay and Laguna Lake through the Pasig River.

New ferry stations will be built and existing facilities will be improved with intermodal transfers with other transit systems and active mobility networks.

Meanwhile, the NCR EDSA Busway Project focuses on the enhancement of the EDSA busway, one of Metro Manila’s key transportation arteries.

The NCR EDSA Busway will greatly enhance the existing EDSA Carousel. New stations will be developed and existing facilities will be enhanced to be universally accessible, gender responsive and climate resilient.

The project encompasses the financing, design, construction, procurement of low-carbon buses, route planning and operations and maintenance.

The consulting services for these projects include the preparation of pre-feasibility, feasibility and assistance to the DOTr in securing necessary government approvals.

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