Tycoon, traders pledge P200M for Cebu City Medical Center

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BUSINESS tycoon Manny Pangilinan and a group of Chinese-Filipino businessmen have pledged P200 million to the Cebu City Government for the completion of the Cebu City Medical Center (CCMC).

Mayor Michael Rama met with Pangilinan in Makati City on Tuesday, August 9, 2022, where the mayor presented his Singapore-like vision for Cebu City.

Public Information Officer Cerwin Eviota said no mechanics were discussed about Pangilinan’s P100 million offer as it is still a pledge, but the commitment is already there.

Eviota added that once funding from Pangilinan is available, it will be channeled through a private-public partnership. However, ownership and management of the hospital will remain in the City’s hands.

“Let us qualify, it is yet a pledge. No mechanics nor details yet, but the commitment is there,” Eviota said.

Pangilinan heads companies in industries ranging from telecommunications, power distribution and mining to tollway operations, among others.

Earlier on Tuesday, Rama met with a group of Filipino-Chinese investors who also committed to raising P100 million for the CCMC.

Rama assured the contributors that they will be given naming rights to a specific floor of the CCMC.

The mayor envisions CCMC to be a specialty hospital and called the facility a “poor man’s hospital with rich man’s services, love, care, compassion assured.”

M.E. Sicat Construction, the contractor of the CCMC, had said the unfinished floors of the 10-story building will not be completed in time for Rama’s birthday on Oct. 28, as problems were found that led to the delay in the construction.

The construction firm said they had to hire a third-party company to conduct a detailed engineering study of the building’s misaligned columns and beams.

Not just CCMC

Aside from offering to fund the completion of the CCMC, Pangilinan also expressed interest in building another hospital in Cebu City under Metro Pacific Investments Corp. (MPIC)

The MPIC group operates 19 hospitals in key cities around the country. These include the Makati Medical Center, Davao Doctors Hospital, and Cardinal Santos Medical Center, among others.

Rama recently announced plans to construct another government hospital, this time in the South Road Properties.

But an official of the Department of Health said this would be difficult for now since the CCMC is not fully utilized yet.