THE Metro Manila Development Authority (MMDA) said traffic in Metro Manila (National Capital Region or NCR) can be decongested by an average of 40,000 vehicles per day as it agreed to a land reclamation project off the coast of Sangley, Cavite where a new airport and seaport and a mix-use real estate development will be established.
“Any effort to bring the airport out of Manila will be very welcome as this will help reduce congestion and will put in place the opportunity to do proper urban planning and development in Metro Manila. Such action will also accelerate urbanization of nearby cities,” MMDA Chairman Thomas Orbos said.
Over the weekend, the Solar Group All-Asia Resources and Reclamation Corporation (ARRC) and Belle Corporation (SM Group) formally signed a shareholders agreement to create the Philippine Global Gateway Project (PGGP) to implement the project.
“This project started in 2012 when ARRC was established by the shareholders with a vision to build a world-class airport facility that can accommodate passenger traffic well into the year 2050, and the first integrated sea port that will be accessible to the inhabitants and business enterprises located in the Greater Manila Area,”
Wilson Tieng, ARRC president, said.
“It will also provide efficient land transportation connectivity for private and public vehicles and a rail system. The special economic zone will provide a platform for industries to establish their manufacturing and processing plants and will allow them to operate in a freeport and logistics-friendly zone, thereby positioning the Philippines competitively in the forthcoming Asean Integration,” Tieng added.
Willy Ocier, Belle Corporation vice chairman and executive director, expressed optimism about the PGGP.
“We definitely welcome this partnership with ARRC to mutually pursue and promote the Philippine Global Gateway Project. This is very timely considering the air and land traffic congestion we are experiencing everyday. This will also provide the platform for increased economic activity and the engine of growth in the areas of tourism, trade and business in the Greater Manila Area,” he said.
The project is envisioned to be located in a reclaimed area off Sangley Point and programmed to be operational before the end of President Rodrigo Duterte’s term.
The ARRC group consists of Philippine businessmen and executives, foreign companies with extensive experience in reclamation, project development and management.
It is supported by partners in the field of international airport and seaport construction and operations.