GENERAL SANTOS CITY (MindaNews / 26 July) – The city government of Koronadal is targeting the full completion by October of its P150-million modern integrated transport terminal complex.
Engr. Zaldy Gayosa, terminal project monitoring manager, said the project is now about 70 percent complete and the construction works are ongoing for several remaining structures.
He said the project did not meet its original completion target last June 22 mainly due to the delay in the release of the funds from the Land Bank of the Philippines (LBP).
The project’s construction formally commenced on Dec. 22, 2015 after the city government signed a memorandum of agreement with the LBP for its financing.
But Gayosa said the processing of the loan releases was stalled due to the delayed issuance of the LBP monetary board resolution regarding the project’s financing.
He said the resolution was among the requirements set by the Bangko Sentral ng Pilipinas to facilitate the release of the city government’s loan.
Aside from this, he said the almost daily rains in the last two months has slowed down the construction works at the site.
Owing to this, Gayosa said the city government extended the project’s construction period for 120 days or until Oct. 22.
“The extension was in order and there was basis for it since there were works added by the project management team based on its plan,” he said.
The terminal is being constructed in a 5.9-hectare property acquired by the city government in Purok Yellow Bell, Barangay Sta. Cruz in Koronadal City.
The city government initially spent P40 million for the purchase of the integrated terminal complex site.
The proposed integrated terminal’s main building was designed to cover two hectares and the rest of the site will serve as buffer area or spot for future developments.
It will adopt the “green” concept in terms of architecture and facilities, specifically the use of natural ventilation, natural lighting (skylight) and energy-efficient light-emitting diode or LED lights.
The facility will also provide adequate green open spaces and the design would ensure the preservation and integration of the land’s existing natural water bodies and features. (MindaNews)