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Vendors hope Carbon Market reverts to institutional status
The Freeman
|May 16, 2025
During the discussion, Archival raised a motion to revoke the resolution supporting the reclassification, which was authored by Councilor Jerry Guardo on November 6, 2024.
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The resolution also permits Cebu2World Development Inc. to proceed with the construction of Cebu Market Development Phase 1B, Barracks, at Carbon Market.
In the same discussion, Councilor Philip Zafra explained that although they acknowledge the vendors’ concerns, the technicalities of the institutional land use in the area are intended for Freedom Park, not solely for the vendors.
He added that the reclassification to commercial use was meant to "correct" the designation so that it reflects the current use of the area, which is now functioning as a market.
Zafra emphasized, however, that it is the responsibility of legislation to ensure that vendors are protected and will not face a surge in rental fees.
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