With the hope of decongesting Natalio Bacalso Ave., the Cebu Provincial Development Council (PDC) endorsed the proposal to study the opening of an alternative road.
For the construction of the Cebu City Medical Center, City Councilor Noel Wenceslao asked the Cebu City Council to authorize Cebu City Mayor Michael Rama to avail of a grant from the World Bank to cover 90 percent of the cost and apply for a loan to cover 10 percent.
Here are the top stories for today, Feb. 26, 2015:
Alternative Naga-Cebu City road to be studied
Yesterday, the Cebu Provincial Development Council endorsed a proposal by the Minglanilla town council to study the opening of the old Philippine Railways as an alternative road from Naga to Cebu City.
The proposal sought to fund and to conduct a study on the feasibility of building a road on what used to be the Philippine Railways tracks, which ran parallel to Natalio Bacalso Ave. It was located along the Minglanilla shoreline, about a kilometer away from the main highway. To the south, the track used to stretch all the way to Argao town.
According to Minglanilla Mayor Elanito Peña, there is a great need for an alternative road since the national highway from Naga to Talisay is seeing heavy traffic and bottlenecks in some areas.
- Sun.Star Cebu: Capitol endorses Naga-SRP road plan
Cebu City to get P120-million loan for CCMC construction; loan to pave way for WB grant
The Cebu City Government’s executive department is looking at availing itself a P120-million loan from the Land Bank of the Philippines (LBP) for the construction of the new Cebu City Medical Center (CCMC).
The amount is only about 10 percent of the total estimated cost of the project, which ranges from P1.2 billion to P1.5 billion.
But the loan will pave the way for the City Government to avail itself of a grant from the World Bank’s Support for Strategic Local Development and Investment Project, according to Councilor Noel Wenceslao in a proposed resolution filed by before the City Council yesterday.
- Sun.Star Cebu: P120M loan eyed
- Cebu Daily News: World bank aid for hospital?
- The Freeman: City dad eyes loan to rebuild CCMC
Other top Cebu News stories:
The Freeman: City Hall executives walk out
Cebu Daily News: Manhunt underway for fourth suspect
Cebu Daily News: Four APEC meetings in Cebu
Cebu Business headlines:
Sun.Star Cebu: Filinvest turns over to owners units in One Oasis Kasambagan
Sun.Star Cebu: Organization to work with GK on ‘social tourism’
The Freeman: Cebu as “second home” gets additional boost
The Freeman: SMEs told to implement energy saving measures