B-O-T scheme for new Calasiao public market
“IT is not demolition, it is reconstruction”.
Calasiao Municipal Administrator Vivencio Vallo made this clarification as stall owners, other vendors and tricycle drivers raised their opposition against what they thought to be the planned demolition of the Calasiao Public Market.
Vallo explained that the market, which was damaged by the 1990 earthquake and had undergone just minor repairs, is no longer structurally sound and may cause loss of lives should there be another natural calamity.
The planned reconstruction starting next year will be undertaken through a build-operate-and-transfer (BOT) scheme wherein the winning bidder will handle the construction of a new market as well as manage the temporary market that will be set up.
Under the BOT contract, the company will pay the municipality rent for the space of the temporary market while stall owners will pay rent to the company.
The temporary market will be set up on an idle land at the back of the Calasiao Elementary School.
Vallo assured residents that classes in the school will not be affected by the relocation as a wall will be put up between the school and the temporary public market.
The BOT scheme will run 20 to 25 years, after which the Calasiao Public Market will be turned over to the municipality.–Roselle P. Gale, Colegio de Dagupan
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