Megaworld inks interconnection deal with PITX

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Metro Manila (CNN Philippines, February 26) — Property developer Megaworld Corp. sealed a transport hub interconnection deal with the Parañaque Integrated Terminal Exchange (PITX) for its township in Biñan, Laguna.

In a statement on Friday, Megaworld said the agreement, which was signed through its transport terminals arm Township Transport Terminal Inc. (T31), will connect the Southwoods City Transport Hub in Binan, Laguna with the PITX.

Megaworld's T31 operates transport terminal in Southwoods City, Eastwood City, McKinley Hill, and Iloilo Business Park.

According to Megaworld, the partnership will "improve the delivery of terminal services to PUV operators and benefit thousands of commuters heading south from Metro Manila and vice versa."

"Megaworld currently has 26 townships all over the country. And we have a growing community, people who live and work there. That is why it is important to us to create seamless accessibility and mobility to and from our townships," Kevin L. Tan, Megaworld chief strategic officer, was quoted as saying in the statement.

"It is very important and very strategic to be able to create linkages between the various Megaworld townships, especially in Luzon, to the PITX," he added.

The PITX—the first integrated and multimodal terminal in the southwestern part of Metro Manila—serves as a transfer point for provincial buses from Cavite, Batangas, and in-city modes of transportation.

Its operation was halted in March of last year amid the Luzon-wide quarantine. Partial operations began after three months when the government eased quarantine restrictions.