Philippine Information Agency Central Visayas

  CEBU CITY, Cebu (PIA) -- The World Bank (WB) is eyeing to further extend the expiration date of the Cebu Bus Rapid Transit (CBRT) project loan.  According to WB in a disclosable restructuring paper posted on its website on June 30, 2023, it has been proposed to extend the closing date by three months from June 30, 2023 to Sept. 30, 2023.  The extension is “to allow time for the government to submit a request for restructuring of the project with necessary changes.”  This would also allow time “to facilitate completion of activities under the current scope/design agreed during the mid-term review and thereby satisfactorily achieve the project development objective.” “Upon receiving such request, the project could be duly restructured to facilitate completion of activities under the current scope/design agreed during the mid-term review and thereby satisfactorily achieve the project development objective,” it added.  The P228.5-M CBRT project was approved by the...

  TAGBILARAN CITY, Bohol, Feb. 27 (PIA) -- Gipangunahan ni Presidente Ferdinand "Bongbong" R. Marcos, Jr. ang  ceremonial groundbreaking  sa unang  Bus Rapid Transit  sa nasod, ang  Cebu Bus Rapid Transit (CBRT) Project- Package 1,  karong adlawa, Pebrero 27. Gipangunahan sa Presidente ang pagpaubos sa  time capsule  kauban si  Department of Transportation (DOTr) Kalihim Jaime Bautista, Speaker of the House of Representatives Martin Romualdez, Cebu City Mayor Michael Rama, ug Cebu Gob. Gwendolyn Garcia. Ang CBRT maoy usa sa mga  flagship infrastructure projects  sa gobyerno nga gidesinyo aron mapalambo ang kinatibuk-ang  performance  sa  urban passenger transport system  sa probinsya sa Sugbo. Ang Phase 1 naglangkob sa upat ka estasyon sa BRT, nga mao ang: Capitol Station, Fuente Station, Cebu Normal University (CNU) station, ug CSBT station, nga motadlas gikan sa N. Bacalso Ave. corner Osmena Blvd. ngadto s...

  CEBU CITY, Cebu, Feb. 27 (PIA) -- President Ferdinand "Bongbong" R. Marcos, Jr. led the ceremonial groundbreaking of the country’s first Bus Rapid Transit, the Cebu Bus Rapid Transit (CBRT) Project- Package 1, today, Feb. 27.  The president led the lowering of the time capsule along with Department of Transportation Sec. Jaime Bautista, Speaker of the House of Representatives Martin Romualdez, Cebu City Mayor Michael Rama, and Cebu Gov. Gwendolyn Garcia. The CBRT is one of the government's flagship infrastructure projects that is designed to enhance the overall performance of the urban passenger transport system in the province of Cebu. President Ferdinand "Bongbong" R. Marcos Jr. along with Department of Transportation Sec. Jaime Bautista, Speaker of the House of Representatives Martin Romualdez, and Cebu Gov. Gwendolyn Garcia lead the lowering of time capsule as part of the groundbreaking ceremomy of the Cebu Bus Rapid Transit Project - Package 1 held at Fue...