WB wants CBRT phase 1 resolved

Richardson confirmed that WB is currently not pursuing Packages 2 and 3 due to persistent implementation delays and underutilization of funds for Package 1.

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However, he emphasized that if Package 1 is completed successfully, WB remains open to reevaluating support for the rest of the system.

"The World Bank remains ready to support the project, especially if the government intends to complete the entire CBRT system," Richardson said through the City's PIO.

WB's project report shows that the CBRT Project was first approved on 26 September 2014, under a $141-million loan agreement between the WB and the Philippine government, with co-financing from the French Development Agency (AFD), and the Clean Technology Fund.

The project was designed to establish a 13.18-kilometer BRT corridor along Cebu City major thoroughfares, offering a modern, efficient, and low-emission public transport alternative. The closing date of the original loan for the project was set in 30 June 2021.