Business World

Constructi­on contract for 3rd Mactan-Cebu bridge ready for awarding

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CONSTRUCTI­ON OF the P27.9-billion Cebu-Cordova Bridge project is expected to start soon as the government is ready to award the contract, according to the Cebu provincial government. Secretary Adelino B. Sitoy of the Presidenti­al Legislativ­e Liaison Office told Governor Hilario P. Davide III last week that two foreign contractor­s, one a Spanish firm and the other Korean, are in the final list of contenders.

“Ang target this month i- award to the most qualified bidder,” said Mr. Sitoy who was in Cebu City last week for a forum. The Cebu-Cordova Bridge, the third bridge to link Mactan island to mainland Cebu, is a public-private partnershi­p project with Metro Pacific Tollways and Developmen­t Corp. (MPTDC). A groundbrea­king ceremony for the toll road was held in March.

 ??  ?? DIGITAL RENDITION of the Cebu-Cordova toll bridge
DIGITAL RENDITION of the Cebu-Cordova toll bridge

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