Republic of the Philippines

Public-Private Partnership Center

Joint Venture Agreement for Carbon Market Redevelopment Project

Project Brief
Implementing Agency

City Government of Cebu

Project Description

The project involves modernization of the oldest and largest farmer’s market in the city into a commercial, heritage and cultural district with a multimodal and integrated transport hub.

Project Cost

Php 5.5 Billion

Procurement Mode

Unsolicited

PPP Structure

Joint Venture Agreement (JVA)

Cooperation Period

50 years

Region

  • REGION VII - CENTRAL VISAYAS

Sector

Property Development

Private Proponent

Cebu2World Development Inc.

Status

Under construction