Cebu-Cordova bridge done by 2021; CCLEC signs P19B loan agreement

LOAN FACILITY. Representatives pose with the finance documents after the signing of the P19 billion loan agreement.

The Cebu-Cordova Link Expressway (CCLEX) is on track to be finished by mid-2021 and will transform the economy and social landscape of Cebu, according to officials of the company undertaking the project. The Cebu Cordova Link Expressway Corporation (CCLEC) signed on February 7 a P19-billion loan and security agreement with 6 banks: Rizal Commercial Banking…