State-run Bases Conversion and Development Authority (BCDA) intends to launch a tender by June for contracts regarding the construction of the Clark Rail Transit System.
The Clark Rail Transit System is slated to run from Manila to the Clark Green City, after the Department of Transportation and Communications had asked the BCDA to cover also the Tutuban-Malolos portion of the railway. Previously, the BCDA was supposed to cover only the Malolos-Tarlac City portion of the railway.
The contracts will include not only the construction of the Clark Rail Transit System, but also the development of the commercial real estate areas along the line and the operation of a multi-modal transport system within the Clark Green City.
The winner of the contract will have to plan, design, finance, build, operate and maintain the Clark Rail and will also have the right to develop the stations as well as the substantial property along the line into commercial areas.
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