State-run Bases Conversion and Development Authority said Wednesday it extended by another 20 years the lease contract with Pilipinas Shell Petroleum Corp. over a 7,497-square-meter property along Circumferential Road 5 in Taguig City.
BCDA officer-in-charge president and chief executive Aristotle Batuhan and Pilipinas Shell general manager Randolph Del Valle signed the contract renewal on March 31.
“More than 20 years have passed since BCDA and Pilipinas Shell first entered into a public-private partnership for the lease of this property. We consider this as a successful partnership, allowing BCDA and the government to generate additional revenues for the Filipino people year after year,” Batuhan said.
“Achieving this again through the renewal contract is imperative. It will enable the government to beef up its coffers, no matter how modest, at a time when Filipinos are still reeling from the impact of COVID-19 pandemic, as well as the conflict in Ukraine,” he said.
The lease involves the utilization of a 7,497 sq. m. lot along C-5 including structures with a gross floor area of 750 sq. m.
Pilipinas Shell committed to invest P80 million to P100 million for the improvement and redevelopment of the mobility station on the site and the inclusion of value-added services.
“C5 is a very important thoroughfare that connects people from the north and south, and we want to make the journey better and hassle-free for everyone. Our mobility stations are strategically located to make sure that we cater to every community. This C5 location is ideal because we can serve the various surrounding communities not only with fuels, but with other relevant products and services,” Del Valle said.
“Our investments are geared for the community. Shell aims to power progress of the Philippines, and in this case, we are powering progress for people from Metro Manila, Taguig and around the country,” he said.
OtheoUnder the proposed development plan, PSPC seeks to upgrade its mobility station based on a future site design to successfully introduce product offerings that aim to address the needs of motorists and communities, while also incorporating sustainability initiatives.
The renovated station is envisioned to offer add-on facilities for motorists, including a Shell Select convenience store, Shell Car Wash, Shell Helix Oil Change facility, Shell Advance MotoCare Express, a lounge and parking spaces. It will also have space for co-locators such as restaurants and cafes.
The site’s design incorporates various green elements like solar panels that greatly reduce the site’s overall electrical consumption, a green wall to offset carbon emissions from vehicles, grasscrete, ecoslab and furniture made with upcycled single-use plastic.
Space is also allotted for Shell Recharge, PSPC’s brand of electric vehicle charging.
BCDA executive vice president and chief operating officer Aileen Zosa urged the energy company to explore other opportunities for partnership, particularly inside the New Clark City, BCDA’s inclusive, sustainable and smart city development in Capas, Tarlac.
“I’m happy to know that Shell is giving back to the environment. Your progressive thinking, your sustainable principles—which I’m sure you advocate and adhere to—are really the right fit for New Clark City,” Zosa said.