P60.8 billion worth of infrastructure investments for Cebu

[potterboy]

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http://sunstar.com.ph/static/ceb/200...2006.2010.html


For railways, ports, other projects for Cebu 2006-2010
By Rose O. Verzosa
Sun.Star Staff Reporter

President Arroyo has approved around P60.8 billion worth of infrastructure investments for Cebu for 2006 to 2010, mostly for railways and ports.

Marlene CA Rodriguez, director of the National Economic and Development Authority (Neda) 7, said this amount is 32 percent of the P190-billion total infrastructure budget for Central Philippines.

Rodriguez made these revelations during yester-day’s Sun.Star Economic Forum at the Waterfront Cebu City Hotel in Lahug.

Based on Arroyo’s super-region development strategy, Central Philippines covers the provinces of Palawan, Romblon and Camiguin, Dapitan City, Siargao island, the regions of Bicol, Western Visayas, Eastern Visayas and Central Visayas.

Railways

Citing the Central Philippines Investment Program, which was approved by Arroyo last July 21, a P33-billion budget is allocated for Cebu’s railways, while P18.88 billion is for its ports.

The rest of the budget is distributed for roads and bridges (P6.3 billion), airports (P749 million) and tourism infrastructure ((P1.9 billion).

“I would just like to mention that the investment for railway in Cebu is for the proposed Metro Cebu Mass Transportation System (MCMTS), which was already presented to the Investment Coordination Committee but was returned to the proponent for revision because of its huge investment requirement,” Rodriguez said.

She said the MCMTS involves the construction of a railway system from Talisay City to Consola-cion for the first phase and from Talisay City to Carcar, and Consolacion to Danao City for the second phase.

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hala, komentaryo!

[who1]

unya kang kinsa nga bulsa man na padulong..............unya mosamot pagyud ta ka pubri ani hapit na gani ta dili ka post diri kay mahal na ang internet...

[boxingfan529]

mau lang ang problema ani...

naay percentage ang mga politiko ani. nindot baya ni ang plan for cebu kay in 5years time, lisod na ang transportation.... puro na trafic dire.

[wanderlust]

Which is precisely why it's important for Cebu to have an efficient mass transportation system. This would minimize the traffic and pollution caused by motor vehicle emissions. It would also make travelling more convenient and lessen its cost. Trade and commerce would be considerably aided by faster and more convenient means of transporting cargo and passengers.

[bertbert]

WooooooooooooW

[EarlZ]

Wow pila sad kahay % sa mga politician ana..

i doubt we will see any work maski nig 2010

[iloveyou4ever]

Wow pila sad kahay % sa mga politician ana..

i doubt we will see any work maski nig 2010

75% goes to the pockets of this id@@@, kapal moks, dako ug tiyan ug mga way klaro nga mga politicians and 25% goes to the projects

[jojo_mouth2]

Very nice! at least naa na mass transit system. apil unta ang mandaue to lapulapu coz daghan gyud commuters to mepz 1,2&3. this can ease up traffic congestions here in cebu! our Airport also needs improvement, and so with our Cebu Inter'l Port. Cebu will become a highly industrialized city ahead to subic, clark & ca-la-bar-zon...

Mabuhay si GMA!

[M@rv|n]

wait and see :d very promising

[lestat1116]

very nice to hear. dili man jud na mawala ang corruption atleast nalang buahton nila.