An affiliate of Megaworld Corp., First Oceanic Property Management Inc., has alloted up to P100 million for a public transportation system that would link Megaworld’s projects in Fort Bonifacio.
In a statement, Megaworld said First Oceanic has established CityLink Coach Services Inc., which obtained the franchise from the Land Transportation and Franchising Regulatory Board last week. Its approved route is from Eastwood City to Newport City via C5 road and vice versa.
CityLink has provided the public with five “class A” buses and will add five more within 2008. The bus operator also tied up with transportation groups.
Megaworld said CityLink is vital to help sustain growth of business process outsourcing companies in its township projects as it would transport workers and residents to and from their destinations.