Bohol-Cebu Friendship Bridge design |
If the new Bohol Airport which construction will start this month took decades before it got implemented, the proposed Bohol-Cebu Friendship bridge is forecast not to take that long considering the economic viability of the project.
This
was the identical statement issued by Gov. Edgar Chatto and Rep.Aris Aumentado
who are both bullish about the realization of the project.
Rep.
Aumentado said initial meetings were already conducted among three Philippine
based and a foreign investor who are interested to work on the project
under the Private Public Project modality. The young solon told The
Chronicle last Friday that he wants to “make a dream come
true” of his late father, Erico Aumentado in whose term as governor this
project was conceptualized.
The
proposed 22-km. bridge linking the two provinces will be connected
from Getafe town in Bohol and Cordova, Mactan in Cebu.
It
may be recalled that it was during the term of the late Gov. Aumentado
that the idea of a bridge linking Bohol and Cebu was thought about. The
Chronicle was privy to the start of the project’s
conceptualization which the late governor termed as the “3-in-1″ project. The
business components of the project includes water, power, trade and commerce.
This
“3-in-1″ project which is a 22 km. bridge will make possible the selling
of water from Inabanga River to Mactan through a water pipe attached to
the bridge and at the same time bring in cheaper power from Cebu to Bohol. The
third component which would make the Friendship Bridge even more economically
viable is the income to be derived through the trade and commerce bringing in
goods and commuters as well as tourists between the two bustling provinces of
Central Visayas.
Rep.
Aumentado is scheduled to meet interested investors of the project
which is estimated to cost some $2.5 billion using a floating bridge technology
with an viaduct. Because of the huge investment in implementing the project,
the fund is expected to come from private investors who at this early stage
found the economic viability of the project.
The solon said private investors have shown interest in the project. He
even quoted some investors saying the bridge to be more economically
viable than the new airport in Panglao.
Rep.
Aumentado said the investors, once organized, would conduct the feasibility
project which is expected to be completed in a couple of years. The
“corporate vehicle” is expected to be established during the meeting at the end
of this month in Manila.
For
his part, Gov, Chatto when interviewed by The Chronicle said
he endorsed the project for funding during a meeting held last Tuesday with the
National Economic Development Authority (NEDA) and the Department of Budget as
well as with other national government agencies at the NEDA Central offices in
Manila. He said the proposed bridge is among the projects being considered to
be funded in the 2016 General Appropriations Act of the national government. --- END
Link:
- Bohol Chronicle [link]