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.
Estimated Project Cost During Approval
Php 0.14 Billion
Procurement Mode
Solicited
Contractual Scheme
Build-Lease-Transfer (BLT)
Contract Term
25 Years
Implementation Mode
Local
Region
Sector
Transport Terminal
Private Proponent
Lee King Yek (LKY) Development Corporation
Status
Operational
