Rama ready to let go of Kawit structures for P5B investment

[H.Wolowitz]

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Cebu City Mayor Michael Rama would not mind relocating the three city-owned buildings in Kawit Island at the South Road Properties once the Middle East-based company will pursue buying the P5 billion worth of properties.

“If the investment is billion, then why not? Remember kanang mga infrastructures diha that was only to entice, it was not really intended to become permanent,” Rama said.

SRP Management Office head Roberto “Bu” Varquez said the Sugbo building, the Association of Barangay Council building, and the Senior Citizens Center may be transferred to the 3.2 hectare City Hall Block at SRP. But Rama said the fate of the buildings is up to the investor, Damac Properties Company, one of the largest luxury property development companies in Middle East, if they will integrate the structures in their site development plan.

Damac Properties is eyeing to develop the 10-hectare property into a high-end mixed use project with restaurants, coffee shops, and little marine to attract the visitors; and sprawling high-end apartment and condominium as recommended by the Department of Tourism.

Kawit Island is one of the prime lots of the city government that were integrated into the 300-hectare SRP.

Varquez said it would be the first attempt of Damac Properties to invest outside Middle East, knowing that it already gained a reputation for lavish waterfront developments, distinctive architectural landmarks and wide selection of residential, retail and office addresses in Dubai, Riyadh, Jeddah, Lebanon, United Arab Emirates, Qatar, Jordan, and Egypt.

“It will put SRP in the tourism map worldwide and will boost further our tourism industry. This could open lot of opportunities like direct flight from Cebu to Middle East countries,” Varquez said.

Rama ready to let go of Kawit structures for P5B investment | Cebu News, The Freeman Sections, The Freeman | philstar.com
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ganahan ko ani, hopefully madayun ni nga plano! $$$$ sad ang mga mata ni Rama ani if madayun under sa iyang administration.

sugot ba sad mo ani parehas nako? hehe

mao ni nawng sa kawit island ay:

[blindsniper]

Cebu City Mayor Michael Rama would not mind relocating the three city-owned buildings in Kawit Island at the South Road Properties once the Middle East-based company will pursue buying the P5 billion worth of properties.

“If the investment is billion, then why not? Remember kanang mga infrastructures diha that was only to entice, it was not really intended to become permanent,” Rama said.

SRP Management Office head Roberto “Bu” Varquez said the Sugbo building, the Association of Barangay Council building, and the Senior Citizens Center may be transferred to the 3.2 hectare City Hall Block at SRP. But Rama said the fate of the buildings is up to the investor, Damac Properties Company, one of the largest luxury property development companies in Middle East, if they will integrate the structures in their site development plan.

Damac Properties is eyeing to develop the 10-hectare property into a high-end mixed use project with restaurants, coffee shops, and little marine to attract the visitors; and sprawling high-end apartment and condominium as recommended by the Department of Tourism.

Kawit Island is one of the prime lots of the city government that were integrated into the 300-hectare SRP.

Varquez said it would be the first attempt of Damac Properties to invest outside Middle East, knowing that it already gained a reputation for lavish waterfront developments, distinctive architectural landmarks and wide selection of residential, retail and office addresses in Dubai, Riyadh, Jeddah, Lebanon, United Arab Emirates, Qatar, Jordan, and Egypt.

“It will put SRP in the tourism map worldwide and will boost further our tourism industry. This could open lot of opportunities like direct flight from Cebu to Middle East countries,” Varquez said.

Rama ready to let go of Kawit structures for P5B investment | Cebu News, The Freeman Sections, The Freeman | philstar.com
-------------------------------------------------------------------------------------------------

ganahan ko ani, hopefully madayun ni nga plano! $$$$ sad ang mga mata ni Rama ani if madayun under sa iyang administration.

sugot ba sad mo ani parehas nako? hehe

mao ni nawng sa kawit island ay:

sir, dili mani updated imong photo sa kawit island.

[Renz8]

Kung ma dayun dako neh nga achievement ni Mayor Rama mayta ma dayun arun pogi pionts nsad ni nya sa 2016.......apan dakong IF pa na!!!!!

[jameswadebosh]

Sumpay naman ang kawit island! mao man nang tapad sa SRP road kanang naa sugbo nga building

[amingb]

Okay kaau ug manufacturing ibutang nga investment ... pero ug real properties lang way hinongdan ....

[jEiiWhO08]

DAMAC properties. Nice ni siya nga dubai based company.
Ok ra bisag usa ka building pero iconic structure kay water front ni siya. magnganga guro ang mobyahe padung ug gikan sa cebu. HEHEH! eng2.

[Romeojin]

Dubai based diay, musogot ko kung himuon pareho sa Dubai Palm Island

[amingb]

dina kaagi ang mga barko ana ... weeeeeeee ....

[bjpunk182]

kung ikaayo sa Cebu why not...

[amingb]

ug mga real properties lang .. dili jud diay madayon tong pangandoy ni Osmena nga Manufacturing ang manubo diha kay diya sugot mga mga Tindero ug mga Tendera ug mga Room Boy lang nga trabaho diha ... hinoon nindot tan-awon pero kita mga poor maglaway ras kanindot sila ray nalingaw ....

Nindot jud tong Manufacturing aron daghan trabaho nga nindot mga technical kaau nga trabaho ug dagko pajud sueldo ...

parihas baron ani ...



or ingon ani ba kaha



unya ang sulod ingon ani ...



kutob ratas damgo ani ....

Para nako kanang mga building tag-as unya rana ug naay nay daghan manufacturing plant aron daghan trabaho kay mao na importante karon aron dili na manglayas ning mga Pinoy

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daghan kaau mga Mall unya mga tawo nag suroy2x ra nagpa bugnaw ras sulod ... ang naa ray kuarta malingaw ang mga walay kuarta maglaway ra ... mga OFW ra nalingaw anang mall ug mga arangan kay maoy maka afford ... kami nga Poor suyopon rang kuarta anang lugara ma tental anang mga lamian nga pagkaon...