Fil-Chinese trader offers to merge eastbound terminal for bus, PUJ

May 13, 2008

proposal to merge bus and puj terminal

JUST ONE EASTBOUND TERMINAL. A Filipino-Chinese businessman is now proposing to invest in constructing one terminal for all east bound buses and public utility jeepneys (PUJs) similar to that of the Bulua Integrated Terminal. Story by Lizanilla J. Amarga

A proposal to consolidate into just one terminal all buses and public utility jeepneys (PUJs) bound east of this city at no cost to the City Government of Cagayan de Oro is now being considered by the committee on economic enterprise under City Councilor Reynaldo Advincula.

The move includes expanding the existing Gusa East Bound Public Utility Jeepney (PUJ) Terminal to accommodate these buses from the existing Lapasan terminal at no cost to the City Government of Cagayan de Oro.

“However, the City Government can keep all the income derived from the departure fees of these buses,” reads the letter submitted local Filipino-Chinese businessman James Giam.

He added that City Hall will still be collecting from these bus companies the same income from the Lapasan terminal which is good for 245 trips a day at P35.00 per trip amounting to P8,575 a day or P257,000 a month which is P3.8 million a year.

Attached to Giam’s letter proposal were drawings/sketches of a “Proposed Gusa Integrated Bus/Jeepney Terminal” and another “Gusa Integrated Eastbound Bus Terminal-2.”

Advincula told Gold Star Daily that this may somehow affect the unsolicited proposal of Erwin Bryan See to redevelop the Lapasa Agora Complex under a Build-Operate-Transfer (BOT) scheme considering that See’s P255 million proposal includes both the market and the terminal areas.

He clarified that even if See’s proposal has been studied and even published, this does not mean that the latter’s proposal cannot be amended to make way for a better offer from another local businessman.

“Besides, the Agora BOT has yet to be started and after all it is an unsolicited proposal,” he said in the dialect adding that his committee will further study Giam’s proposal and will come out with a decision the soonest time possible.

Already, former city mayor now vice-mayor Vicente Emano called a “major blunder” the delay in implementing Erwin Bryan See’s P255 million BOT contract for the redevelopment of the Lapasan Agora and Terminal Complex as construction cost is now pegged from P270 million to around P290 million.

Thus, the BOT contract for the Lapasan Agora and Terminal complex with See would be more expensive than the BOT contracts for the P255 million Cogon Public Market or that of the P118 million Carmen Public Market that were both already ruled by the Commission on Audit (COA) as “grossly disadvantageous to the City Government.”

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Written by admin · Filed Under Cagayan de Oro