P5.5-B Carbon Market rehabilitation sets groundbreaking in March

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CEBU CITY – The oldest and largest market in this city will soon have a new and grandiose look.

An artist impression shows a redeveloped Carbon Market which will soon undergo a P5.5-billion redevelopment program that will transform it to a commercially viable market hub.

Louie Ferrer, managing director of Megawide, said the company embarked on the mammoth project as part of the company’s vision to develop a “first world Cebu.” The Megawide Foundation will also conduct livelihood training for some residents that will be affected by the redevelopment.

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