Trackway Consortium, an advocate of the EDSA Rapid Trackway Project, has asked the Department of Transportation (DOTr) to speed up the approval of their proposal as the original proponent of the said project to be able to work on a $200 million funding requirements needed to finance the project.
In his letter to DOTr Secretary Arthur Tugade, Trackway consortium CEO Francis Yuseco said it needed the original proponent status to enable it to start the required documentations for the funding, adding it will not require any sovereign guarantee or government support.
Yuseco said that the consortium composed of Philtrak Inc., bus operator DLTB, bus manufacturer Del Monte Motor Works, smart and cashless toll collection system firm Micrologics Systems Inc., Leechiu Property Consultants, BACS Engineering Services, FEMP Safety Engineers, Land Excel Consulting Co. and AirSpeed International Freight Forwarders are capable to deliver a world class mass transit system for the commuters and they are technically prepared to implement the project under the government’s build, operate and transfer scheme.
The proposed project was designed to complement the EDSA MRT. It involves the construction of fully-air conditioned Skyway Stations every 500 meters from Mall of Asia to Monumento or a total of 35 stations with amenities including escalators, elevators, waiting lounges, wireless fiber optics, clean and hygienic comfort rooms, convenient stores and coffee shops.
Based on their proposal, the consortium will initially deploy 250 air-conditioned double decker buses equipped with separate cubicles per passenger and will run an average speed of 60 kph, controlled and monitored from a command center.