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Megawide poised to launch Parañaque transport terminal in November

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MEGAWIDE CONSTRUCTION Corp. is launching next month the Parañaque Integrated Terminal Exchange (PITX), a “landport” for passengers from the south going to Metro Manila.

“We will be on soft opening this October with full operations scheduled this November. We are working closely with the DoTr and affiliated agencies such as the LTFRB to ensure that we are ready,” Megawide subsidiary MWM Terminals, Inc. President Manuel Louie B. Ferrer said in a statement over the weekend.

MWM Terminals, a consortium of Megawide and WM Property Management, Inc., won the 35-year concession period to build and operate the PITX in 2015.

The P2.5-billion terminal located beside the old Coastal Mall in Parañaque City is expected to improve passenger movement by connecting buses, taxis, jeepneys, and in the future, the Light Rail Transit Line 1 (LRT-1) South Extension, in one portal.

“Our goal is to deliver hassle-free transfers between multiple modes of transportation in PITX. Many of our technologies are being used for the first time in a bus terminal setting in the country,” Mr. Ferrer added.

Once fully operational, the PITX is expected to receive an average foot traffic of 100,000 a day, but total capacity is at 200,000 passengers daily.

Megawide said the PITX has approximately 12,000-square meter (sq.m.) leasable space inside the building, which will be available to tenants by December. It will also lease four 17,900-sq.m. towers for interested tenants starting next year.

The PITX is a three-storey building that will feature departure bays for buses, jeepneys and taxis on the first floor, an arrival bay for buses on the second floor, and private car parking facilities, action utility vehicles (AUV) bays, and a link to the future LRT-1 South Extension on the third floor. — Denise A. Valdez