Implementing Agency
Local Government of Iloilo City
Project Description
The project involves the redevelopment of the existing Parola Terminal into a modern terminal complex with an air-conditioned terminal lobby, ticketing area, canopied loading arcades, public toilets, and designated parking areas and drop-off points. The terminal is adjacent to a public park and a shopping mall that serves the needs of at least 3,500 daily passengers between Iloilo City and Guimaras Province.
Estimated Project Cost During Approval
Php 126 Million
Procurement Mode
Unsolicited
Contractual Scheme
Joint Venture
Contract Term
25 years
Implementation Mode
Local
Region
- REGION VI - WESTERN VISAYAS
Sector
Transportation,Port
Private Proponent
DoubleDragon Properties Corporation
Status
Operational