Public transportation is set to be upgraded at the Clark Freeport zone after Premiere Clark Complex, Inc. (PCCI) pledged to put up a four-story inter-modal transport terminal in the area.
PCCI, which is a subsidiary of SM Prime Holdings Inc. (SMPH), has promised P3.2 billion in investment for the upcoming infrastructure, which will also include an office tower building.
The project was announced during the signing of a lease agreement between Clark Development Corporation (CDC) President and CEO Manuel R. Gaerlan and SM Prime President Jeffrey Lim.
The said transportation hub will be built on a 23,955 square meters plot of land at Clark Freeport’s Southern Gateway District, the CDC shared in an official statement.
The terminal will accommodate Public Utility Buses (PUBs), Public Utility Jeepneys (PUJs), Bus Rapid Transport (BRT), shuttle services, and taxis, among others. All of this will be separated into dedicated bays.
The hub, which costs P2 billion, will also feature essential facilities for the public, specifically passenger waiting areas, restrooms, and other necessary structures.
The project is set to employ 1,000 individuals during its construction. Meanwhile, the office tower – worth P1.2 billion – will produce 800 job opportunities during its construction and employ 1,000 people once operations start.
In a month, the CDC and PCCI will finalize the project’s Traffic Impact Assessment (TIA).
The intermodal transportation terminal is considered as a high-traffic impact project, a real-time simulation model using the TIA will be needed for evaluation.
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Image credit: Clark Development Corporation’s Official Facebook Page