THE Philippine Ports Authority (PPA) will build a ferry terminal in Cavite to connect the province to Manila next year.

The terminal will be built in San Roque, Cavite for connection to the terminal being constructed at the back of a mall in Pasay City. Both terminals are expected to be operational by mid-2008.

The PPA will spend P11.51 million for the six-month construction, which involves dredging work and construction of a jetty pier.

The process of eligibility checks and the pre-bid meeting will be conducted before year-end. The eligible bidders will submit their bids on January 4, 2008. PPA will then award the contract a few weeks later.

The PPA project comes after Metrostar Ferry Inc inaugurated its daily ferry service from Shoemart’s Mall of Asia in Pasay to Cavite City last July. Metrostar uses a twin-hull, twin-engine vessel, which can accommodate 130 to 550 passengers per trip. Fare is between P60 and P75, double that for land transport.

There are eight trips going to and from the Manila to Cavite City and vice versa.

Metrostar secured a P135-million loan from Philippine Export Import Credit Agency and state-owned Philippine Veteran’s Bank to bankroll the project.

The PPA is also looking at constructing another ferry terminal at the back of the Luneta Grandstand to further connect Cavite and probably Bataan to the rest of Manila.

You May Also Like

BOC sets rules on e-processing of goods transfer from ecozone logistics facility to locator

The Philippine Bureau of Customs (BOC) has issued rules governing the electronic processing for the transfer of goods from one Ecozone Logistics Service Enterprise…

Chelsea Logistics eyes IPO

Philippine passenger and cargo carrier Chelsea Logistics Corporation plans to raise up to P8 billion through an initial public offering (IPO) in July to…

Marina: PH IMO 2020 roadmap ready for public review

The Maritime Industry Authority (Marina) is finalizing the roadmap for the Philippines’ implementation of the global 0.50% sulfur cap on marine fuel oil, the…

BIR reveals extortion scam using fake tax clearance certificates

The Bureau of Internal Revenue (BIR) has warned the public against unscrupulous individuals using fake tax clearance certificates to extort money from unsuspecting importers…