PTT Philippines Corp., the local subsidiary of PTT Public Co. Ltd. of Thailand, has signed a contract with the Bases Conversion and Development Authority (BCDA) to develop a major service station along the Subic-Clark-Tarlac Expressway (SCTEX).
PTT Philippines was awarded the project last month after a competitive bidding, and the oil company said it will immediately start construction of the planned service station.
“This station is going to offer not just your usual gasoline station. It’s going to provide a wide variety of services and exciting amenities as we envision this as a travel destination as well,” PTT Philippines president and chief executive officer Wisarn Chawalitanon said on Tuesday night during the formal signing of the contract.
PTT Philippines is currently in consultation with its mother company in Thailand for the final design of the service station that will provide amenities including a vehicle repair shop, convenience store, and a coffee shop.
The company was awarded with a renewable 25-year contract for the development project that involves the establishment, operation and maintenance of a gasoline station.
“Once we have submitted and receive approval of our proposed plan, we will immediately commence with the construction and, hopefully, we would be able to finish it in 2016,” Chawalitanon explained.
The service station will sit on a two-hectare property in the Macangcung Service Area in Barangay Santiago, Concepcion, Tarlac, and will serve north-bound travellers on the SCTEX’s Clark-Tarlac segment.
The Macangcung Service Area is one of the four service areas along SCTEX that BCDA identified for immediate development for motorists. SCTEX was constructed by BCDA to link Subic Bay Freeport Zone and the Clark Economic Zone to the industrial zone in Tarlac to complete the economic corridor in Central Luzon.
The contract signing held at BCDA office at Bonifacio Global City was executed between Chawalitanon and BCDA president and chief executive officer Arnel Paciano Casanova.