Project Description
The project entails the upgrading and modernization/ redevelopment of the existing Tanauan City Public Market located at Poblacion Barangay 7, Tanauan City, Batangas.
The objective of the project is to address the old, inadequate structures and facilities of the existing Public Market and to provide a viable and consumer-friendly center of trade and commerce, thus, generating more income and livelihood opportunities for Tanaueños as well as the expected revenues for the City Government.
The project includes the following: 1.) Construction of four (4)-Storey Commercial Building with minimum building footprints of 26,000 sq. m. comprising of ground and second floor commercial building; third and fourth floor for parking and terminal and 2.) Construction of wet and dry market building with a minimum building footprints of 10,000 sq. m.
Implementing Agency
Local Government of Tanauan City (Batangas)
Contractual Arrangement
Design-Build-Transfer-Operate (DBTO)
Region
Sector
Agriculture/Food Security
Estimated Project Cost During Approval
-
Procurement Mode
Solicited
Contract Term
25 Years
Implementation Mode
Local
Project Proponent
Guru Property Development and Management Corporation
Status
Operational
