IBT earns P1.3 million in less than a month PDF Print E-mail
Wednesday, 06 January 2016 13:27

By  VIC LARATO

 

The city’s Integrated Bus Terminal (IBT) in Divisoria is expected to have a robust operation this year and the years yet to come as gleaned from the P1.3 million income it generated in less than a month since opening last December 8.

The City Administrator’s Office, which supervises the operation of IBT and the three other economic enterprises—the main public market, the slaughterhouse and Sta. Cruz Market—reported that the IBT had served 2,760 buses from Dec. 8-31, raking in P1.3 million revenue for the city coffers.

Of the amount, P580,000 went to operating expenses to include the salaries of personnel assigned in the modern terminal facility.

However, Assistant City Administrator and concurrent officer-in-charge of the City Administrator’s Office, Dr. Elmeir Apolinario said the initial income of IBT did not include yet the rental fees from its concessionaires.

“This only means the IBT had a good start and we expect it that way throughout its operation,” Apolinario said during the press briefing in City Hall Monday.

In another development, Apolinario said his office, the city disaster risk reduction management, had responded to 47 emergency calls throughout the Yuletide season, among them were fire incidents.

The same office also remained persistent in the implementation of traffic ordinance and traffic management, having apprehended 40 motorcycles and tricycles for various violations.

Among those apprehended were parked at KCC Mall area that obstructed the free flow of vehicles going to and coming from the peninsula’s biggest mall ever.

The slaughterhouse or the abattoir in San Roque has doubled its revenues at P2.2 million in 2015.

Apolinario said the abattoir’s income in previous years (2012-2014) was only between P1.3 million and P1.4 million, but in 2015 the revenues skyrocketed to P2.2 million.

The market revenues—from the waterfront market and Sta. Cruz—have yet to be assessed, he said.— Vic Larato