Local Governments of Cebu City and Municipality of Cordova
An unsolicited proposal to Cebu City and Municipality of Cordova for the formation of a Joint Venture for the financing, design, construction, implementation, operation and maintenance of an 8.25 km toll road to be known as the Cebu-Cordova Bridge including the construction of the connections to Cebu City and Cordova, the main bridge structure, viaduct, causeway and roadway, to be undertaken and implemented by a joint venture company to be formed by the Parties.
Php 27.9 Billion
Unsolicited
Joint Venture Agreement (JVA)
35 years
Local
Road
Cebu-Cordova Link Expressway Corp. (CCLEC)
Operational.
The project was inaugurated on April 27, 2022 led by President Rodrigo R. Duterte and Metro Pacific Tollways Corporation Chairman Manny V. Pangilinan. CCLEX was opened to motorists on April 30, 2022. The full electronic toll collection will be implemented on October 1, 2022.
Sources:
1. cclex.com.ph/updates/ (as of May 11, 2022)
2. cclex.com.ph/cclex-goes-full-rfid/ (as of September 8, 2022)