Megawide Construction Corp. of tycoon Edgar Saavedra is putting on hold the planned expansion of the Parañaque Integrated Terminal Exchange (PITX) to assess first the potential impacts of upcoming bus rapid transit (BRT) projects in Cavite and EDSA.
MANILA, Philippines — Megawide Construction Corp. of tycoon Edgar Saavedra is putting on hold the planned expansion of the Parañaque Integrated Terminal Exchange to assess first the potential impacts of upcoming bus rapid transit projects in Cavite and EDSA.
“Number two is the EDSA Carousel. We are also waiting for that because more than 50 percent of our traffic comes from the EDSA Carousel. So if that pushes through, it will impact on the profile of our traffic,” he said. Transportation Secretary Jaime Bautista said it would be faster to do a solicited rather than an unsolicited proposal for the project.
It is a 4.5-hectare development and currently Lot 1 houses the transport terminal, commercial spaces and office buildings under one roof. Just last week, PITX announced that it has already reached a milestone of 146 million overall foot traffic since 2019.BDO, SM launch Kabayan Tuesday para sa overseas Filipino families with Piolo PascualThinking of smarter buys? Here are 6 tech recos you can score this 6.6 saleIn a meeting three weeks ago, Malacañang had made it clear to the two erring Monetary Board members that they would have to resign on their own to resolve the ghost employee controversy surrounding them,...
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