Infrastructure giant Megawide Construction Corp. is bringing its expertise in building landports to the summer capital, winning a P1.19-billion deal to deliver an integrated terminal for Baguio City.
In a disclosure to the Philippine Stock Exchange, Megawide said it has secured the notice of award from the local government of Baguio for the Baguio City Integrated Terminal (BCIT).
The award selects Megawide as the private sector proponent for the delivery of the P1.19-billion landport in Baguio, one of Luzon’s busiest tourist destinations known for its cool weather.
The BCIT aims to decongest the roads leading to Baguio. Currently, buses enter the city through Marcos Highway, with their terminals located at the Governor Pack Road, causing traffic buildup in the central business district.
Initially, the project will cater to seven southbound routes, namely, La Union, Pangasinan, Tarlac, Pampanga, Bulacan, Metro Manila and Cavite. The BCIT will be able to accommodate as many as 25,000 passengers daily for both provincial and in-city commuters.
Based on Megawide’s proposal, the BCIT will be put up in a five-hectare property in Barangay Dontogan, which is about five kilometers away from the city proper.
The BCIT features terminal bays for buses and vans; ticketing booths; covered waiting areas for passengers; comfort rooms; park-and-go services; and commercial spaces.
The contractual arrangement for the BCIT is covered by a 40-year lease that may be extended as deemed necessary by Baguio.
In Cavite, Megawide unit Megawide One Mobility Corp. also signed the P800-million contract to build the South Luzon Integrated Terminal Exchange. The project, to be located in Carmona, Cavite, gives Southern Tagalog a landport that can handle up to 30,000 passengers daily.
The terminal will be linked to the Parañaque Integrated Terminal Exchange and there are plans to connect it to a new exit at the South Luzon Expressway. Megawide is given a concession of 30 years to manage the project.
These landports, including the PITX, are expected to raise an annual recurring net income of as much as P400 million once they reach full capacity over the next three years.
Megawide developed and operates the PITX, which is the largest of its kind in the Philippines, as it handled close to 52 million commuters in 2024.