Republic of the Philippines

Public-Private Partnership Center

Legazpi City Grand Terminal Project

Project Brief
Implementing Agency

Local Government of Legazpi City (Albay)

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.

Project Cost

PhP 1.38 Billion

Procurement Mode

Solicited

PPP Structure

Build-Lease-Transfer (BLT)

Cooperation Period

25 Years (2009-2040)

Region

  • REGION V - BICOL

Sector

Transport Terminal

Private Proponent

Lee King Yek (LKY) Development Corporation

Status

Operational