Tag page - Cebu bus rapid transit (BRT) project

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...