P5.5-B Carbon Market rehabilitation sets groundbreaking in March

An artist impression shows a redeveloped Carbon Market which will soon undergo a P5.5-billion redevelopment program that will transform it to a commercially viable market hub. (Photo c/o MCC / MANILA BULLETIN)

CEBU CITY— Next month, a ceremonial groundbreaking will be held that will signal the start of the P5.5 billion rehabilitation project of the Carbon Market.
 
Manila-based Megawide Construction Corp. sealed a public-private partnership with the city government that would transform the market into a commercial, heritage and cultural district.

Louie Ferrer, managing director of Megawide, said the company embarked on the mammoth project as part of the company’s vision to develop a “first world Cebu.”

Next month, a ceremonial groundbreaking will be held that will signal the start of the P5.5 billion rehabilitation project of the Carbon Market.
 
Manila-based Megawide Construction Corp. sealed a public-private partnership with the city government that would transform the market into a commercial, heritage and cultural district.

Louie Ferrer, managing director of Megawide, said the company embarked on the mammoth project as part of the company’s vision to develop a “first world Cebu.”

Author: The Manila Journal Editors

Editor-in-Chief

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