NEDA approves NAIA development, LRT line projects
Metro Manila (CNN Philippines) — The National Economic Development Authority Investment Coordination Committee (NEDA-ICC) approved on Monday (July 20) the construction of two transportation projects under the Public-Private Partnership (PPP) Program.
NEDA-ICC will spend a total of P124.71 billion for the two projects: the Ninoy Aquino International Airport (NAIA) Development Project and the LRT Line 4 Project of the Department of Transportation and Communications (DOTC).
The P74.56 billion NAIA Development Project will transform the Philippines’ main gateway into a world-class modern airport amenity.
The private partner will take charge of developing and improving the present NAIA terminals to further increase the airport’s capacity. It will also be responsible for the operations and maintenance involving both landside and airside aspects to increase operational order and improve the quality of services.
Meanwhile, DOTC’s LRT Line 4 Project, an 11-kilometer rail that will run west from SM City Taytay to the intersection of Ortigas Avenue and EDSA, will cost P50.15 billion.
The project hopes to address congestion along the Ortigas Avenue and improve local transportation to western parts of Metro Manila.
The contract will cover the financing, design, construction, operations and maintenance of the rail system.
The proposed deal covers six stations: Ortigas Avenue (Robinsons Galleria), transfer station with the MRT; Meralco Avenue; Rosario, Pasig; Bonifacio Avenue; Taytay Diversion Road; and North Manila Road (SM Taytay).
The government has awarded the following PPP projects costing around P189 billion:
Cavite-Laguna Expressway (CALAX)
Southwest Terminal of the Integrated Transport System
LRT Line 1 Cavite Extension
Mactan-Cebu International Airport (MCIA) Passenger Terminal Building
Automatic Fare Collection System
Modernization of the Philippine Orthopedic Center (MPOC)
PPP for School Infrastructure Project (PSIP) Phase I and II
NAIA Expressway Phase II Project
Daang Hari-SLEX Link Road