THE P9.9 billion joint venture project in Mandaue City involving the reclamation and development of 80-hectare of foreshore and submerged lands in Cansaga Bay is set to begin its first phase by the end of 2024.
The project, stretching from Barangay Paknaan to the area near Marcelo B. Fernan Bridge, has received significant investment from GlobalPort 900 Incorporated, through Sultan 900.
The project involves reclaiming and developing 131 hectares of land, but at present, only 80 hectares will be used as the remaining 50 hectares have not yet received area clearance.
Mandaue City Administrator Jamaal James Calipayan said in a phone interview on Wednesday, June 5, 2024, that the development will feature a port complex, mixed-use residential and commercial centers, and a casino and entertainment complex.
Initially projected to cost P9.9 billion, the project's cost has increased to P15 billion due to its extended timeline.
First proposed in 2013, the project saw a contract signed in 2015, followed by a series of permit acquisitions until 2019. Submission to the Philippine Reclamation Authority (PRA) occurred in 2020, leading to the issuance of a Notice to Commence Actual Reclamation Work (NCARW) in 2023.
The Department of Environment and Natural Resources (DENR) granted an Environmental Compliance Certificate (ECC) after the submission of supplemental requirements and environmental studies.
The reclamation plan includes canals and waterways to preserve the mangroves, addressing environmental concerns about siltation and shallow waters.
Calipayan said there has been no opposition from local fishermen or residents, as the heavily silted area is not conducive to fishing.
The project is expected to attract investment, create jobs, boost local businesses, and enhance Mandaue's tourism industry with the construction of the Global City Mandaue.
“The public is very excited. This will be a major boost to our economy once we start developing the reclaimed area into a mixed-use commercial hub,” said Calipayan.
The project is currently in the preparatory phase, with contractors finalizing plans for the excavation and disposal of silt and other necessary components for the reclamation.
Calipayan said it is going to be the first-ever waterfront city for Mandaue City and the entire Cebu province. (CAV)