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Agreement for P5.5-billion redevelopment of Carbon public market in Cebu City signed


Published January 12, 2021, 6:55 AM
CEBU CITY (PNA) – Infrastructure developer Megawide Construction Corp. on Monday signed a joint venture agreement with the city government here for the P5.5-billion redevelopment package that will transform Carbon Public Market here into a commercially viable market hub.
MODERNIZATION DEAL. Vendors and market-goers converge along the Quezon Boulevard at Carbon Public Market’s fruit and vegetable section.  (PNA photo by John Rey Saavedra)
In a press conference on Monday, Manuel Louie Ferrer, executive director for infrastructure development of Megawide, said the first phase of the project will involve the night market area near Compania Maritima up to the interior area of the market complex. ....

Compania Maritima , Edgardo Labella , John Rey Saavedra , Manuel Louie Ferrer , Cebu Market Vendors Multipurpose Cooperative Cemvedco , Megawide Construction Corp , Megawide Construction , Carbon Public Market , Carbon Market , Cebu Market Vendors Multipurpose Cooperative , Erwin Gok Ong , எட்கார்டோ லேபல்லா , ஜான் ரே ஸாவிட்ர , மானுவல் லூயி ஃபெரர் , கார்பன் பொது சந்தை , கார்பன் சந்தை , ஸிபூ சந்தை விற்பனையாளர்கள் பல்நோக்கு கூட்டுறவு , அர்‌விந் கோக் ஓங் ,

Megawide clinches contract, eyes civil works in March


SunStar
+
January 11, 2021
MEGAWIDE Construction Corp. on Monday, Jan. 11, 2021, signed a joint venture agreement with the Cebu City Government for the phased redevelopment of the Carbon Public Market.
Megawide, parent firm of Mactan-Cebu International Airport (MCIA) concessionalre GMR Megawide Cebu Airport Corp., said in a disclosure that it will invest P5.5 billion in the project. Civil works will start in March 2021.
“Our target (groundbreaking) date is in March and tuloy-tuloy na (we will continue with the civil works),” Megawide chief corporate affairs and branding officer Manuel Louie Ferrer said.
The City Government, on the other hand, granted Megawide exclusive use and possession of the project site. ....

Edgardo Labella , Manuel Louie Ferrer , Cebu Market Vendors Multipurpose Cooperative Cemvedco , Construction Corp , Cebu International Airport , Megawide Cebu Airport Corp , Cebu City Government , Carbon Public , Mactan Cebu International Airport , Cebu Airport Corp , City Government , City Mayor Edgardo Labella , Cebu City , Cebu Market Vendors Multipurpose Cooperative , Carbon Market , Compania Maritima Building , எட்கார்டோ லேபல்லா , மானுவல் லூயி ஃபெரர் , கட்டுமானம் கார்ப் , ஸிபூ சர்வதேச விமான , ஸிபூ நகரம் அரசு , கார்பன் பொது , ஸிபூ விமான கார்ப் , நகரம் அரசு , நகரம் மேயர் எட்கார்டோ லேபல்லா , ஸிபூ நகரம் ,