Parola ferry terminal project on the go

May 20, 2013 10:51 pm 

ILOILO CITY, May 20 — The much-delayed Parola ferry terminal project at the Parola area in this city will soon be a reality after all hitches and legal impediments were straightened out between the city government and private partner Double Dragon Properties Inc. under a public private partnership (PPP) scheme.

City Mayor Jed Patrick Mabilog said the P135-million project, aimed to service the needs of sea commuters between Guimaras and the city, was delayed for almost a year while waiting for the completion of a new building of the Philippine Coast Guard beside the ferry terminal site.

The project will be constructed by Double Dragon Properties Corp. as a private partner at no cost to the city government and will have a modern terminal building, shopping complex and a park.

On the other hand, the Department of Transportation and Communications (DOTC) will complete the P260-million total project cost with a P125 million counterpart to build a modern wharf, slope protection embankment and other site developments for vessels plying the Iloilo-Guimaras strait.

Mabilog said the contract between the city and Double Dragon is based on legality provided in the internal rules and regulations (IRR) of Article 66 of the local government code that allows joint ventures with the private sector.

The City Council enacted last year Ordinance 2011-213 to support the project based on Section 35 of the same government code by adopting the provision using joint venture agreement with the private sector.

The project also passed the strict assessment and validation of the Manila-based Public Private Partnership Center of the Philippines (PPPCP) formerly known as the Board of Investments.

Article 66 or the provision on joint venture and cooperative program and undertaking of the Implementing Rules and Regulations (IRR) of the Local Government Code states that "the local government unit (LGU) may enter into joint venture and such other other cooperative arrangements with people's organizations, non-government organizations or the private sector to engage in the delivery of certain basic services, capability building and livelihood projects, develop local enterprises designed to improve productivity and income, diversify agriculture, spur rural industrialization, promote ecological balance and enhance the economic and social well-being of the people." (PNA)

LAP/AJP/LCP/VLO

Comments

Comments are closed.