5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

DoTr eyes ‘restructuring’ of Cebu Bus Rapid Transit

by
July 2, 2025
in Stock
0
DoTr eyes ‘restructuring’ of Cebu Bus Rapid Transit

DoTr eyes ‘restructuring’ of Cebu Bus Rapid Transit – BusinessWorld Online


      
      
      
      
      








PHILSTAR FILE PHOTO

THE Department of Transportation (DoTr) is looking to coordinate with the new set of government officials in Cebu City to restructure the Cebu Bus Rapid Transit (BRT) Project, as it is nearing closing date, the World Bank said.

In an implementation status and research report, the World Bank said the Cebu BRT Project’s “pace of project implementation has slowed down considerably, notably the major civil works packages are yet to be launched.”

“Considering the age of the project, it may be more appropriate to restructure the project to address the activities that can be completed within the closing date,” it said.

This came as the BRT project will not be able to complete a substantial amount of balance activities within the current closing date, scheduled on Sept. 30, 2026.

“As the new leadership of Cebu Provincial and City Government will take office on July 1, 2025, DoTr plans to consult them as soon as possible and communicate a decision to the Bank on the way forward,” it said.

The BRT seeks to improve urban passenger transport system in the Project Corridor in Cebu City in terms of the quality and level of service, safety, and environmental efficiency. — Aubrey Rose A. Inosante

CEDTyClea

RELATED ARTICLESMORE FROM AUTHOR




MORE STORIES


Previous Post

PPA awards P221-M Amandayehan port upgrade project

Next Post

UK takeover surge hits £74bn in first half of 2025, highest since 2021

Next Post
UK takeover surge hits £74bn in first half of 2025, highest since 2021

UK takeover surge hits £74bn in first half of 2025, highest since 2021

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Inflation inches up in June

    Inflation inches up in June

    July 4, 2025
    The Medical City sets standard for ER, bringing fastER Care in 4 hours

    The Medical City sets standard for ER, bringing fastER Care in 4 hours

    July 4, 2025
    Explore franchise businesses at Franchise Negosyo Para sa Region XI (Davao)

    Explore franchise businesses at Franchise Negosyo Para sa Region XI (Davao)

    July 4, 2025
    Wimbledon winners to pay up to £1.3m in tax as HMRC claims £17m from prize pot

    Wimbledon winners to pay up to £1.3m in tax as HMRC claims £17m from prize pot

    July 4, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.