The Provincial Board (PB) approved a resolution that authorizes Cordova town to carry out a P138-billion reclamation project under a public-private partnership agreement.

The Cebu City Government’s Local School Board (LSB) seeks the National Government’s help—and funds worth almost P1 billion—for the full implementation of the K to 12 program starting next year.

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Here are the top stories for today, April 8, 2015:

‘Biggest’ recla project in the country

The Cordova reclamation project is moving forward with PB’s approval.

Cordova reclamation
Mayor Adelino Sitoy, shown here during a recent event in Cordova, says SM Prime Holdings will finance the P138 billion reclamation project in the town. (Photo taken from DILG Cebu FB page)

SM Prime Holdings Inc. (SMPHI), which reportedly came up with an unsolicited proposal, will be the private proponent that will finance the project.

SM will get 49 percent (735 hectares) of the total reclaimed area of 1,500 hectares while the rest will be shared by the Provincial Government, the Philippine Reclamation Authority and Cordova.

According to former Cordova mayor Arleigh Sitoy, it will be the “biggest” reclamation project in the country, or five times bigger than the South Road Properties in Cebu City, since it will connect Shell Island in the western part of the town to lighthouse all the way to Lava Island in the southern part of the town.

The P138 billion will be released in phases in the next eight years.


Local School Board seeks more funds for implementation of K to 12

Cebu City needs almost 700 additional classrooms that will cost almost P1 billion to build. LSB’s P385-million Special Education Fund this year is not enough.

With the K to 12 program, the City’s north district will need 165 additional classrooms for senior high school (a new level) and 68 additional classrooms for kindergarten and Grades 1 to 6 pupils.

The City’s south district will need 181 additional classrooms for senior high school and 252
classrooms for kindergarten and elementary pupils.

One classroom alone will cost P1.2 million while a four-storey, 20 classroom building will cost P24 million.

LSB is seeking funds from the National Government through the Department of Education that has a school building program.

6 towns, 5 cities in Cebu among top 10 CV destinations

According to the Department of Tourism-7, among the top destinations (municipality category and city category) in Cebu in 2014 based on the volume of tourists are:

Municipality category

  • San Remigio, Cebu (2nd place)
  • Sta. Fe, Cebu (3rd)
  • Minglanilla, Cebu (4th)
  • Moalboal, Cebu (6th)
  • Cordova, Cebu (8th)
  • Medellin, Cebu (10th)

City Category

  • Cebu City (1st)
  • Lapu-Lapu City (2nd)
  • Mandaue City (5th)
  • Bogo City (6th)
  • Danao City (7th)

Other top Cebu News stories:

Sun.Star Cebu: 8 boys saved from 2 ‘pimps’
The Freeman: 33T Cebu City voters urged to validate their biometrics
The Freeman: Priest among finalists in 6th Triennial Awards

Cebu Business headlines:

Sun.Star Cebu: PLDT wireless units ‘set pace for postpaid revenue growth’
The Freeman: Mobile data is the new battleground for telcos

Nancy swims with words, day in, day out. She owns and writes for The Memoriter Writing Service, a duly registered professional service provider that offers to write high-grade content for business owners,...

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