Tabuk terminal set to be built
>> Monday, June 15, 2009
TABUK CITY, Kalinga – A centralized terminal here will be built here soon following site validation conducted recently by developers indicating the project feasible and viable for commercial business.
A team of experts from the Department of the Interior and Local Government, Asian Development Bank and Development Bank of the Philippines was in town last week to inspect the 5-hectare lot at Barangay Appas here.
The city government purchased in September last year the lot from the P12.5 million capital outlay of the Office of the Mayor.
Rolando Gonzales of the regional Department of Interior and Local Government and coordinator of the Philippine Basic Urban Services Sector Project said the team’s comments and recommendations will be furnished to ADB and DBP as financial source of the project.
He said the funding will be in the form of a loan of less than 10% interest per annum.
Meyer Adong of DILG-Kalinga provincial office said the project will come in packages to include an access road to the site and its surrounding facilities.
He said the integrated transport terminal center will also serve as trading post.
Adong said the project, conceived during Camilo Lammawin’s first term as mayor will start early next year. “But if the process works fast, it might commence in the last quarter months of this year.” -- Peter Balocnit
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