The Cities Development Initiative for Asia (CDIA) granted project development support for the Tri-City Ferry System Project which is a joint project of the City Governments of Alaminos and Dagupan, Pangasinan, and San Fernando, La Union. The CDIA City Application was duly approved on June 13, 2021. CDIA support will include the preparation of a feasibility study for the Project and the PPP call for proposals.
This potential PPP project is envisioned to engage a private sector partner to undertake the following:
- Finance, design and construction of ferry terminals in the Cities of Alaminos and Dagupan, Pangasinan, and floating piers in San Fernando City, La Union for the embarking and alighting of passengers;
- Operation and maintenance of the three (3) ferry terminals of Alaminos City, Dagupan City and San Fernando City;
- Provision of ferry services to traverse major demand centers, including maintenance of the vessels, according to industry standards, and existing rules and regulation on sea navigation; and
- Conduct further marketing and promotional activities and ensure that the facilities constructed harness the cultural and natural wonders of the areas within the loop.
The Project aims to decongest the traffic flow in the principal cities and increase the time savings of passengers. The ferry system is envisioned to connect the regional, provincial and city hubs, especially the government and commercial hubs within the three (3) cities, with minimal stops to limit the overall transit time between main embarking and alighting piers. The Project also aims to boost the tourism potential of the loop and the region which can rejuvenate the coastal communities and can significantly help with environmental and urban renewal.
CDIA is one of the long-time institutional partners of the PPP Center in providing support to various cities and boost local PPPs in the country.
Consultant procurement for the Feasibility Study preparation is expected to commence on July 2021.