THREE years after sealing the Carbon Public Market Redevelopment Project, Cebu2World Development Inc. is ramping up efforts to revitalize Cebu’s largest and most historic public market.In January 2021, the Cebu City Government and Megawide Construction Corp. signed a Joint Venture Agreement , paving the way for Megawide to spearhead the transformation of the Carbon Public Market into a world-class marketplace.
The efforts also covered The Barracks at the B1 zone, located in front of Freedom Park, which now offers 42 car parking spaces and 189 motorcycle parking spots.Ongoing construction and refitting works are underway at the Tourism Zone, including Puso Village, the Mechanical Parking area, Area 3, and the Compania Maritima Ruins. Preparatory work has also begun for the upcoming construction of the multi-story Main Public Market in the B2 zone.