Cebu Monorail now with NEDA ICC

Business

Cebu’s proposed monorail project will now be subjected for evaluation with the National Economic and Development Authority Investment Coordination Committee (NEDA-ICC) after DoTr completed the submission of the proposal.

Presidential Assistant for the Visayas Secretary Michael Lloyd Dino said that during the meeting with Socioeconomic Planning Secretary Ernesto Pernia, the NEDA Chief said that he is driven to fast track the project being a Cebuano himself. The two met last Saturday, January 25 in Manila.

“The documents pertaining to the monorail project have been submitted to NEDA after DOTr completed them,” said Secretary Dino.

Secretary Dino added that by the 2nd or 3rd week of February, the NEDA-ICC Technical Board is set to review the project.

After the review, it will be submitted to NEDA ICC’s Cabinet Committee.

“Secretary Pernia who also happens to have a Cebuano blood, wants to fast track Cebu’s monorail project, seeing it as an urgent need for Cebuanos,” Secretary Dino reiterated.

The monorail project is part of Cebu’s Integrated Inter-modal Transport System (IITS) which includes bus rapid transit, point-to-point buses, cable car system, modern jeepneys, bikeways, and urban realm enhancement or walkways among others.

The proposed monorail from an unsolicited proposal will have the capacity of a light rail transit (LRT) and can accommodate 12,000 to 15,000 passenger capacity per direction per hour.

Udenna Infrastructure Corporation and its foreign partner were granted the original proponent status (OPS) for Cebu’s monorial last year.

Cebu’s monorail is pegged to cost PHP 78.9 billion.(JB/PR)

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