Republic of the Philippines

Public-Private Partnership Center

Philippine Standard Time:

Legazpi City Grand Terminal Project

Project Brief
Project Description

The Project involves the construction of a terminal center with structures for buses, mini-buses, vans, jeepneys, and tricycles with necessary facilities, amenities, commercial spaces, and parking lots. The facilities including all the improvements will be transferred to the Local Government of Legazpi City after the lease period.

Implementing Agency

Local Government of Legazpi City (Albay)

Contractual Arrangement

Build-Lease-Transfer (BLT)

Region

  • Region V - Bicol Region

Sector

Transport Terminal

Estimated Project Cost During Approval

Php 0.14 Billion

Procurement Mode

Solicited

Contract Term

25 Years

Implementation Mode

Local

Private Proponent

Lee King Yek (LKY) Development Corporation

Status

Operational