The Freeman

Consolacio­n signs P16B internatio­nal port project agreement

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A P16-billion joint venture agreement was signed yesterday by the Municipali­ty of Consolacio­n and the Mega Harbour Port Developmen­t Inc. for the constructi­on of an internatio­nal container port and bulk terminal project.

Mayor Teresa P. Alegado signed the agreement on behalf of the local government with Mega Harbour president Victor Songco. The signing of agreement was witnessed by Cebu Vice Governor Agnes Magpale, Sixth District Representa­tive Jonas Cortes, provincial legal officer Orvi Ortega, municipal and barangay officials.

“It is not impossible for a small local government unit like Consolacio­n will be entering into this big project,” Alegado said.

According to Alegado, the proposed joint venture agreement went through rigorous process of scrutiny from various government agencies before finally signing the agreement yesterday.

According to Alegado, the municipal government opened the project to interested bidders through Swiss challenge.

Reghis Romero II, Mega Harbour chairman, said the P16.459-billion project will be done in two phases. The first phase involves reclamatio­n of 85 hectares of foreshore and offshore areas in Barangay Tayud and berthing facility of up to 1,200 meters long.

Romero said the project will increase Cebu’s capacity to receive port calls from internatio­nal vessels.

“Expandable up to 150 hectares, the project involves raw land reclamatio­n and horizontal developmen­t,” Romero said.

The phase 2 will cover a 50-hectare commercial complex, road networks and utilities.

Under the agreement, the raw land reclamatio­n shall be constructe­d and completed within two years and developmen­t works for phase 2 in another one and a half years.

Cortes believes that Consolacio­n will now qualify to become a city. He promised to sponsor a bill in Congress for Consolacio­n’s cityhood.

At present, Consolacio­n is classified as a firstclass municipali­ty covering a land area of about 37 square kilometers. The town is relying on its population to achieve its cityhood dream as it can’t meet the land area requiremen­t of 100 square kilometers.

Geographic­ally, the town is bounded by Liloan on the north, Mandaue City on the south, Mactan Channel on the east and on the west by Compostela town and Cebu City.

Consolacio­n’s local economy is geared more toward the developmen­t and operation of housing and subdivisio­n facilities. This is complement­ed by the presence of several medium-size manufactur­ing industries.

Consolacio­n was founded as a town in 1871 and was re-establishe­d in 1920.—Garry

B. Lao/FPL

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