Lapu-Lapu city officials yesterday presented their proposed 400-hectare Mactan North Reclamation Development Project (MNRDP), to be implemented after the elections to the tune of P15 billion to P20 billion.
Mayor Arturo Radaza unveiled a giant billboard showing the project that extends to the Magellan Bay, covering foreshore areas of barangays Ibo, Mactan, Buaya and Punta Engaño.
The ceremony took place during the opening program of the reenactment of the Battle of Mactan.
Radaza said the project would boost tourism and economic development in the city, which is now a lone congressional district, which he is seeking to represent in the House and where his wife, Paz, is running for the mayorship.
He said the unveiling was not a vote-getting measure because he believes they were ?already winners?.
He said the project, which still has to look for foreign and local investors, was approved by President President Arroyo in 2005 and and the Philippine Reclamation Authority (PRA) in 2008.
Project maanger Michael Dignos, assistant city attorney, told CEBU DAILY NEWS the project has already attracted ?serious inquiries? from investors and hopefully would have a ground breaking by end of this year.
Plans call for an international port, low-rise commercial buildings, and tourism developments in the areas to be reclaiamed from the sea.
The project was caught in a controversy last year when the Regional Development Council (RDC) headed by Gov. Gwen Garcia objected that it it did not have RDC approval. CNU intern Jemarie Jane P. Augusto