PITX: Thriving Mobility Hub

Megawide Construction Corporation is making remarkable strides in the realm of landport operations through its Paranaque Integrated Terminal Exchange (PITX), which continues to thrive as a bustling hub for both commuters and businesses.

Photo Insert: Paranaque Integrated Terminal Exchange (PITX) sees a surge in foot traffic and innovative growth, becoming a dynamic hub for commuters and businesses.

In June 2023, PITX witnessed a robust surge in its daily foot traffic, crossing the impressive threshold of 100,000 visitors. This resurgence follows a brief dip earlier in the year, showcasing the terminal's resilience post-pandemic.

The surge in foot traffic has been paralleled by an upswing in the average passenger expenditure, hitting a new pinnacle of P35.4, soaring from the initial P28.5 per passenger recorded at the start of the year.

This remarkable surge in spending can be attributed to the robust leasing performance of the terminal, evident by an impressive occupancy rate of 82%.

In the office segment, the occupancy rate of the tower has rebounded to surpass 60% as of June 2023, underscoring the innovative strategies employed by the PITX Team to optimize space utilization.

Mohit Malhi, the Chief Executive Advisor of PITX, reaffirmed the company's unwavering dedication to innovation.

He expressed, "PITX remains steadfast in delivering cutting-edge Mobility Solutions for passengers and cargo. Our ability to attract prestigious global logistics firms and local BPO players underscores our innovative mindset and bolsters our enthusiasm to secure more partners through mutually beneficial business solutions."

Additionally, the terminal has seen vibrant sales from a diverse array of new tenants, featuring well-known brands such as Dunkin’ Donuts, Bonchon, Tim Horton’s, Highlands Coffee, Watsons, and several others.

Anticipation is mounting as PITX prepares itself to welcome a host of esteemed brands, including Robinsons Supermarket, KFC, Sbarro, Rico’s Lechon, HapChan, and Puma.

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