HOME PAGE ABOUT US CONTACT US SUBSCRIBE ADVERTISE ARCHIVES
TOP STORIES NATION ECONOMY COMPANIES SHIPPING OPINION PERSPECTIVE LIFE SPORTS MOTORING
SEARCH ENGINE
WWWOur Site
Anchored by Jonathan dela Cruz, Salvador Escudero, Boying Remulla, Teddy Boy Locsin and Alvin Capino
Monday to Friday
8:00pm-10:00pm

ARTICLE SERVICES
  • bookmark this page
  • print this article
  • view archive
  •  
    Cebu land-swap deal proposal
    may be revived, officials hope    
     
    By Wilfredo Rodolfo III
    Reporter
     

    CEBU CITY—Officials from the Cebu City and Cebu provincial governments said Wednesday the stalled land-swap deal, which could affect 5,000 urban- poor families and some 50 hectares of prime commercial properties, could still push through if only Mayor Tomas Osmeña and Gov. Gwendolyn Garcia start talking again.

    Officials of the province went to the Cebu City Council Wednesday to oppose a proposed  ordinance rezoning provincial lots inside Cebu City into socialized Housing Zones.

    Provincial Board Member Juan Bolo told city councilors that the proposed ordinance would only intensify the friction between the two local government units. He instead raised that the land-swap deal be revived.

    “That (ordinance) will not solve the problem. Our focus now must be to bring together the two chief executives so they start talking for the benefit of thousands of Cebuanos,” he said.

    “The initiative should start from the executives. We legislators can start discussing the details to smoothen the way but the final decision is still up to the mayor and the governor,” Bolo said.

    The provincial government, hoping to  raise revenues, is trying to recover some 250 hectares of prime property inside Cebu City and develop these through partnerships with the private sector.

    Fifty hectares of the property is occupied by urban poor dwellers—Cebu City residents and voters—while the rest are occupied by government agencies and the Armed Forces.

    The city and the province tried last year to enter into a land-swap deal where the provincial government gives up the occupied lots in exchange for vacant city owned properties at the north reclamation area.

    Talks collapsed when the parties pushed for a value-for-value exchange while presenting different  appraisals for each of their properties. The collapse of the talks led to a public quarrel between the two chief executives.

    The governor’s spokesman and consultant Rory John Sepulveda told BusinessMirror that the doors for a settlement are still open.

    “We never said that the door is closed. The ball is still in play and I think the players are all here ready to try play a clean and honest game,” he said. “The biggest challenge for all of us is on how we deal with the details.”

    Vice Mayor Michael Rama welcomed the gesture of  Bolo and Sepulveda during the council session and said steps must be taken to smoothen the way for a reopening of discussion over the deal and the reconciliation of the mayor and the governor.

    OTHER STORIES
    Drilling phase in Galoc completed

    AUSTRALIAN-based Nido Petroleum Corp. is looking forward to the start of production of the wells in an oil field in offshore Palawan following the completion of the drilling phase of the Galoc development.  

    read more

    RDOs, NROs to assess region-based projects prior to presentation to ICC

    THE National Economic and Development Authority (Neda) is currently reviewing its processes and has already designated its Regional Development Offices (RDOs) and Neda Regional Offices (NROs) to become the lead evaluator for region-based proposals.

    read more

    FDIs up 8.1% in Q3 of 2007, NSCB reports

    FOREIGN direct investments (FDIs) in the country increased by 8.1 percent in the third quarter of 2007, according to the National Statistical Coordination Board (NSCB), with approvals reaching P34.9 billion from P32.3 billion in the same quarter a year ago.

    read more

    Cebu land-swap deal proposal may be revived, officials hope    

    CEBU CITY—Officials from the Cebu City and Cebu provincial governments said Wednesday the stalled land-swap deal, which could affect 5,000 urban- poor families and some 50 hectares of prime commercial properties, could still push through if only Mayor Tomas Osmeña and Gov. Gwendolyn Garcia start talking again.

    read more

    DTI sets up more satellite offices for business name applications

    THE Department of Trade and Industry (DTI) is opening up new business-name registration centers in Metro Manila to accommodate the expected flood of applications for the first quarter of the year, which is the traditional peak season.

    read more

    Clark airport passengers up 9.18% in ’07

    CLARK FREEPORT—The passenger volume at the Diosdado Macapagal International Airport (DMIA) here increased by 9.18 percent or by nearly 45,000 in 2007  over the 2006 figures, a development that further brightens the prospects of the Clark airport eventually becoming the country’s premier international gateway.

    read more

    The Business of Consumers: Cutting red tape key to faster business registration and renewal

    MUNTINLUPA City deleted from the process those agencies that merely note down business’ basic data, thus reducing its 14-step business permit renewal process to just six steps.

    read more