The economic benefits of the Bus Rapid Transit (BRT) system are clear and canceling it is “not the right thing to do,” the Cebu Chamber of Commerce and Industry (CCCI) said in a statement today.
What government can do is to make road widening an integral component of the project, CCCI said.
The organization issued the press statement after reports came out that the Department of Transportation recommended to Finance Secretary Carlos Dominguez that the BRT project be cancelled.
Urgent need for mass transport
In the letter, Transportation Secretary Arthur Tugade and Presidential Adviser for the Visayas Michael Dino government will come up with “a replacement project superior to the BRT.”
“Cebu urgently needs a mass transport system today. It has already reached choke point with traffic congestion affecting all sectors of society,” CCCI said.
“It took more than 10 years for the BRT to go through its approval process not to mention countless time and resources spent in the process. The economists have computed a very high Economic Internal Rate of Return (EIRR) for the BRT at 53% meaning that the economic benefits are very clear. The project is ready to take off,” CCCI said.
BRT, LRT will complement each other
“While BRT is a short-term solution ready for implementation, LRT which will benefit a bigger volume of commuters over a wider area of Cebu should be actively pursued today for implementation within the shortest time possible to support the high growth of Cebu. LRT and BRT will complement each other.”
“Cebu is in a crisis situation. Cebu Chamber would like to enjoin all sectors of society to set aside political differences and work together to solve the traffic problems in order to achieve our common desire to have a Cebu where quality family life and business shall flourish,” CCCI said.