This is how Megawide plans to develop the Carbon Market in Cebu City.
According to Louis Ferrer, the executive director for infrastructure of Megawide, this was the agreed minimum guaranty the city will get for allowing Megawide to modernize and co-operate the market. The city is also expected to earn more with the taxes from establishments that would lease the commercial spaces of Carbon Market.
However, Megawide will be pulling profits from the other commercial areas in the Carbon Market particularly from the Boccarria, the Puso 24/7 tiangge, the seaport, and the city check-in facility.
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