Ayala Land recently won the bid for the Integrated Transport System Project – South Terminal (“ITS South Project”), conducted by the Department of Transportation and Communication (DOTC). ALI will be awarded with a 35-year concession agreement to build and operate the ITS South Project and will likewise have the right to develop and operate commercial leasing facilities on the same 5.57-hectare former Food Terminal Inc. property on which the future transport terminal will be built.
The site of the ITS South Project is right next to ARCA South, where ALI is developing an integrated mixed-use estate. It is estimated that up to 4,000 buses and 160,000 passengers will pass through the ITS South Project from SLEX everyday. Construction will begin by May 2016 and is expected to be completed and ready for operation by October 2017.