Cebu to build P5-B ‘trans-axial’ highway
By Daxim Lucas
Inquirer
Last updated 02:02am (Mla time) 12/07/2006
CEBU CITY -- Cebu province is showcasing its ability to host a global media event to try and attract foreign investors by announcing that it will soon embark on the construction of a P5-billion “trans-axial” highway.
Malaysia’s UEM Group has expressed interest in the project, but provincial governor Gwendolyn Garcia wants to cast a wider net in search for a suitable contractor that will work on the island-long road network in a build-operate-transfer (BOT) scheme.
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