AlloyMTD completes government building PPP project in the Philippines
AlloyMTD, a Malaysia-based infrastructure conglomerate, has finished the development of the Philippines' first local government public-private partnership (PPP) project with the construction of a Regional Government Center in Calamba City, in the region of Manila
The building complex will host at least 54 government agencies in the Calabarzon region. The facility will specifically hold offices of the Department of Foreign Affairs (DFA), Land Transportation Office (LTO), Bureau of Internal Revenue (BIR) and the National Bureau of Investigation (NBI) in the region.
The purpose of the building is to allow fast and efficient processing of public processes from any government agency with all the government departments found in one location. The concept of the building was adopted from Putrajaya in Malaysia a planned city, located 25 kilometers south of Kuala Lumpur.
The project has been developed on a design, build, finance operation and maintenance (DBFOM) basis. The contract period is 30 years.
Under the memorandum of agreement signed between AlloyMTD and the Calamba City Government agencies holding office at the Regional Government Center will pay rent, and the facility will be turned over to the Calabarzon regional government after the concession period.
The total project investment is P2.5 billion (US$57.3 million)
Isaac David, AlloyMTD-Philippines president, stated:
We believe in the potential of our motherland to reach its full growth that's why we're here to take part in the transformation of this area into another Metro Manila. Remember, we have 17 regions from Cagayan to Tawi-Tawi. We intend to take part in building other regional offices around the Philippines.
AlloyMTD operates in 14 countries, including Saudi Arabia, Dubai, India, Singapore and Sri Lanka.
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