Reclamation project in Mactan pushes through

·2 min read

THE initial 400-hectare Mactan North Reclamation and Development Project (MNRDP), a reclamation and development project between the City of Lapu Lapu and the Salug Valley Enterprises and Development Corp. (SVEDC) Group lead by SVEDC, Jan de Nul, Royal Haskoning, Philippine Business Bank, FBO Management Network Inc,, and other renowned private institutions, will push through. This after Mayor Junar "Ahong" Chan of Lapu-Lapu City announced in his Facebook account that the MNRDP will soon be fully realized.

This reclamation project in Lapu-Lapu City earned its approval on April 27, 2003 during the time of former President Gloria Macapagal-Arroyo and thereafter, the Philippine Reclamation Authority (PRA), and the City of Lapu-Lapu entered into a Memorandum of Agreement for the implementation of the MNRDP on April 27, 2008, and thereafter the issuance of the Environmental Compliance Certificate (ECC) was secured as well.

Mayor Chan’s active response to the high positive impact of this project in the development and progress of the city would mean more investments pouring into the city, and more employment opportunities for its constituents would be created.

On the part of the Joint Venture Partner of the city, SVEDC’s Group has consistently expressed their excitement and eagerness to complete the MNRDP as soon as the City of Lapu-Lapu would be able to secure the last remaining documents necessary for full implementation of the MNRDP.

Dr. Noli Arnulfo Igano, President and CEO of SVEDC, and leader of the SVEDC’s Group also states that the project will surely be implemented and will no longer be delayed because of the strong support of both Mayor Chan and PRA.

Further, Dr. Igano said the City of Lapu-Lapu and his group has already agreed to rebrand the MNRDP as the new Mactan Cebu Ocean City (MCOC) which will house several modern and state of the art businesses that will transform the City of Lapu-Lapu as the gateway for foreign investments in this part of the country.

The MCOC project is expected to help solve issues and challenges that the city currently face such as traffic congestion, lack of commercial lands, among others. This project is also aligned with Mayor Chan’s platform for development and growth in Lapu-lapu City. (Sponsored content)