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Archival: Remaining CBRT packages to go on
The Freeman
|October 28, 2025
Cebu City Mayor Nestor Archival remains positive that the remaining packages of the Cebu Bus Rapid Transit (CBRT) project will still push through despite the World Bank’s pronouncement to resolve Package 1 first before considering continued support for the remaining packages.
In a press conference yesterday, Archival said an initial amount of P26 billion has been earmarked for the remaining CBRT project packages. However, he clarified that even if a funder is identified for this amount, the Cebu City Government must still make a formal commitment through a commitment fee.
He said the city has yet to pay the commitment fee for Package 1. He added that it has reached a point where even the Department of Transportation (DOTr) is having difficulty paying the commitment fee. Despite this, Archival said the World Bank assured him that it will still help connect the Cebu City Government with other potential funding sources for the remaining packages.
यह कहानी The Freeman के October 28, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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