On the other hand, the Regional Development Council Region 7 (Central Visayas) has endorsed the bridge project for a Korean ODA grant of US$3 million for its feasibility study. He said the project can be implemented under the Build-Operate-Transfer (BOT) Law – and is now under the process of securing the NEDA ICC-TB approval.
The bridge, he explained, can carry the excess water from the Inabanga River to Cebu which direly needs it, by pipe alongside the facility in exchange for Cebu’s fiber optics for telecommunication and expexted excess power by 2015.
The faster flow of goods and passengers can accelerate the economic development of both provinces, he added.