Labella: SM to fund construction of a modern Carbon Public Market

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Labella said that the management of SM Supermarket made an offer to develop the Carbon market complex and convert this into a modern and comfortable facility for the Cebuano shoppers. CDNTopStories Read more:

Cebu City will soon have a modern market facility after Mayor Edgar Labella inks a deal that will allow SM Supermarket to fund the construction of a new and more comfortable Carbon Public Market. | CDN File Photo

The activity was meant to bring together the executive and legislative branches of the Cebu City government to discuss their political and legislative directions. Under the proposed model, the structure’s first floor will be designated as a vending are while the second floor will serve as parking area. The third floor of the building will be used as “bagsakan” or transfer station for goods that will be brought into the public market.

However, SM will get to occupy for free their share of the commercial spaces. They may later on decide to have these spaces leased.

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