The World Bank has canceled part of the loans for the Cebu Bus Rapid Transit (BRT) while as project scope was pared down with only five months left before its financing closes. A May 8 restructuring paper seen by Manila Bulletin showed that the Washington-based multilateral lender, effective Jan....
With limited time remaining before its loan financing for the long-delayed Cebu bus rapid transit (BRT) expires, the World Bank has recommended downscaling the project under the watch of the newly elected provincial and city officials. “The pace of project implementation has slowed down...
The Bataan-Cavite Interlink Bridge (BCIB) and the Cebu Bus Rail Transit (BRT) projects have faced delays and increased construction costs, the National Economic and Development Authority (NEDA) announced. In a briefing, NEDA Secretary Arsenio M. Balisacan on Friday, Oct. 13, said that the...
The Department of Transportation (DOTr) ordered round-the-clock construction of the P16.3 billion Cebu Bus Rapid Transit (Cebu BRT) so a crucial segment can operate within 2021. In a meeting last week, Transport Secretary Arthur P. Tugade declared he wants Package 1 of the Cebu BRT to be partially...