TOLEDO City is sparing no expense for a new road and public market, plunking in nearly half a billion pesos combined for their construction.
Local government officials led by Toledo City Mayor Marjorie “Joie” Perales and Vice Mayor Jay Sigue broke ground on the two projects last Tuesday, March 15, 2022.
A two-story public market worth P410.88 million will be built at the site of the current Toledo City Terminal in Barangay Poblacion.
During the groundbreaking ceremony, Perales said residents could expect the new market to be “at par” with the Carbon Public Market in Cebu City.
Nationstar Development Corp. will have 500 calendar days to finish building the market.
Earlier, the Perales administration had endorsed a plan for a new terminal to be located in Barangay Sangi, the local government unit said on its Facebook page.
Later that morning, the officials broke ground on a P70.40 million road that would run from Barangay Magdugo to Barangay Landahan.
The road will be 1.4 kilometers long and 15 meters wide, the City said.
It will serve as a diversion road allowing motorists to quickly get to the Palace of Justice as well as the Toledo City General Hospital, among other destinations, as they would no longer have to go through the city’s congested roads in Barangays Sangi, Ilihan and Luray going to Poblacion, Perales said.
Contractor QM Builders will have 586 calendar days to complete the road’s construction.