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.
Implementing Agency
Local Government of Iloilo City
Contractual Arrangement
Joint Venture
Region
- Region VI - Western Visayas
Sector
Transportation,Port
Estimated Project Cost During Approval
Php 126 Million
Procurement Mode
Unsolicited
Contract Term
25 years
Implementation Mode
Local
Private Proponent
DoubleDragon Properties Corporation
Status
Operational
