Govt to build P50-b expressway in Cebu
posted June 07, 2017 at 07:59 pm by Darwin G. Amojelar
http://manilastandard.net/business/biz-plus/238744/govt-to-build-p50-b-expressway-in-cebu.html
The Public Works Department said Wednesday it is ready to construct a 74-kilometer expressway in Cebu province to decongest its major thoroughfares.
“We have already completed the feasibility study of the P50-billion Metro Cebu Expressway Project. It will be implemented in three segments,” Public Works Secretary Mark Villar said.
The project will reduce travel time from Naga City to Danao City from three hours to one hour and 25 minutes. The project is expected to start construction next year and should be finished by 2022.
Metro Cebu Expressway is a part of the infrastructure program #BuildBuildBuild, which aims to increase the productive capacity of the economy and create jobs through the acceleration of massive infrastructure.
The International Monetary Fund said a sustained increase in public infrastructure spending to 5 percent of gross domestic product would add 5 percent to 6 percent to GDP after 15 years.
The department also plans to construct the four-lane Guadalupe-Lahug By-Pass Road with a total length of 1.61 kilometers in Cebu.
“The project with an estimated cost of P500 million will shorten travel time from Barangay Guadalupe to Barangay Lahug by 50 percent from one hour to only 30 minutes,” Villar said.
“In addition, feasibility study is now ongoing for the construction of Mandaue City-Consolacion-Liloan Bypass Road which is expected to bring down travel time from Cebu City to the municipality of Liloan by 50 percent,” Villar said. |
