CEBU CITY – Four major reclamation projects in Cebu province are expected to boost its position as a strategic location for trade and industry in the Central Visayas region, according to Governor Gwendolyn Garcia.
Garcia said the following companies are
undertaking the reclamation projects - Cebu South Harbor Container Terminal
Corporation in Talisay City; Cebu South Harbor in neighboring Minglanilla town;
Cebu Industrial Park Developers in Balamban town; and Dynacast in Danao City.
She said the projects will also
increase the provincial government’s real estate assets, as the four companies
are set to enter into an agreement to allocate at least 10% of their reclaimed
properties to the Capitol as part of the necessary requirement under the
reclamation ordinance.
Provincial Ordinance 2009-02 provides
that any reclamation developer must turn over 10% of their reclaimed land to
the provincial government. Under the ordinance, all reclamation activities in
Cebu province must seek approval from the Cebu Provincial Reclamation
Authority.
The Cebu South Harbor reclamation is a
P10-billion project that is projected as the next container-handling powerhouse
in Central Visayas, while the Cebu South Port in Minglanilla is a five-hectare
expandable port development that can accommodate ocean-going Panamax vessels.
The Cebu Industrial Park Developers is
a joint venture project of AboitizLand and Tsuneishi Holdings Corporation of
Japan in the shipbuilding town of Balamban. Dynacast Shipbuilding and Repairs
in Danao City provides a full range of shipyard services, including ship
repairs, shipbuilding, fabrications, repowering and modernized
engineering. (John Rey Saavedra)
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