Manila Standard Today, 29 January 2013
By Julito G. Rada
The government will undertake four big-ticket projects, including a new mass transit system that will connect Manila, Makati, Pasay and Parañaque, under the so-called public-private partnership scheme.
The Public-Private Partnership Center of the Philippines, which manages the Project Development and Monitoring Facility, said its board approved the four “ambitious” projects that were expected to “address the country’s economic, energy and environmental challenges.”
The PDMF is a revolving fund created under Executive Order No. 8, series of 2010, which will be used for the preparation of pre-feasibility and feasibility studies and tender documents for PPP projects, and assistance in the bidding process.
The PPP Center said aside from the Manila-Makati-Pasay-Parañaque mass transit system, the newly approved projects included the Batangas-Manila natural gas pipeline project I of Philippine National Oil Co.; the Plaridel bypass toll road project; and the Philippine National Railways north and south lines development and extension.
“Our directive for this year is help implementing agencies to carry out what is dubbed as ambitious projects that will have a massive and positive impact on the country’s economy,” PPP Center executive director Cosette Canilao said.
The Manila-Makati-Pasay-Parañaque mass transit system project involves the construction of a new mass transport system that will interconnect Makati, Manila, the Cultural Center of the Philippines complex and Manila Bay areas.
The project will start from the C5-32nd Street roadway and run to Edsa-Buendia, Makati Avenue-Ayala Triangle, Buendia crossing PNR Buendia Station, LRT 1 Buendia Station to CCP Complex, Mall of Asia to Edsa Ayala, completing the loop up to Makati Ayala Triangle
