The Regional Development Council (RDC) 7 has endorsed the Php 9 billion New Cebu International Container Port for overseas funding.
Cebu Governor Hilario P. Davide III said new port will boost the “development and cooperation” in Central Visayas.
Bohol Governor Edgar Chato also believed that the economic impact of the new port will be felt in the entire country.
The two governors presided the joint RDC and Regional Peace and Order Council (RPOC) 7 last quarter meeting today at Harolds Hotel.Davide chaired the RPOC 7 while Chato led the RDC 7.
The Korean Export-Import Bank conducted the feasibility study of the port. It has recommended Barangay Tayud, Consolacion as “the most ideal site” for the project.A separate study made by the Japan International Cooperation Agency (JICA), also pointed out Barangay Tayud as its best location.
According to the resolution read by Emmanuel Rabacal, head, RDC 7 Infrastructure Development Committee, Cebu needs a new port.The new port will have a “bigger berthing and container yard capacity.” This isin anticipation of a sudden increase in domestic and foreign cargoes as being experienced with the existing port.
Likewise, the existing roads going to the port arealready congested due to the commercialization of its vicinity.
Also in today’s meeting, the RDC 7 has also endorsed the request to the Department of Public Works and Highways to fund the full blown feasibility study of the trans-axial highway.
The RDC 7 also awarded a certificate of recognition to the top 10 performing local government units in the National Competitiveness Council ranking this year.
Cebu Province and Cebu City both placed third in the overall competitiveness in its respective categories.
In economic dynamism, the municipality of Daanbantayan ranked 6th overall (regardless of category) and 7th in economic dynamism category among the 2nd class municipalities’ category.
The indicator refers to the activities that create stable expansion of businesses, industries and high employment.
The town of Cordova also ranked 9th in the infrastructure indicator among the 3rd to 6th class municipalities countrywide.