The P16.9-billion New Cebu International Container Port in Consolacion, Cebu, set to begin after two decades of delays, will ease congestion at the Cebu Base Port, the Department of Transportation said in a statement.
Backed by the Export-Import Bank of Korea, it will include a 1,365-meter access road and a 300-meter bridge, with completion targeted by November 2027.
To advance public transport, the government signed an agreement with the International Finance Corp. of the World Bank to find a qualified operator for the Cebu Bus Rapid Transit system.
Covering 35 kilometers, with 22 stations and a 17-kilometer main route, it is designed to handle 164,000 daily commuters.
In Bohol, a public-private partnership deal with the Aboitiz Group will modernize the Panglao International Airport by adding a new passenger terminal and improved facilities to boost annual capacity to 3.9 million travelers.
Plans for new airports in Dumaguete and Siargao are also in motion, with the International Finance Corp. providing technical assistance for the bidding process.
