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SOUTH RECLAMATION PROPERTIES
| Reclamation and all other
civil works were done by Japanese contractors in community
with internationally accepted engineering standards. |
| To optimize the use and
cost of water, a dual piping system will be installed, a
separate pipe for potable water and another one for gray
water. |
| Power lines will be laid
underground. |
| Fiber Optic cables for
telecommunications and broadband requirements will be
available |
| Security will be greatly
enhanced since the project is virtually an island and all
approaches will have checkpoints. |
WHAT IS SRP?
1. It is a 300 hectare prime property development project on
reclaimed land located a few meters off the coast of Cebu's
central business district. It is registered with PHILIPPINE
ECONOMIC ZONE AUTHORITY (PEZA) as a Special Economic Zone. |
| 2. It's project cost
P3B was funded by Japan Bank for International Cooperation (JBIC).
Counterpart funding was provided by the City of Cebu which
owns the project. |
| 3. The SRP was
designed fro mixed land use and is now in it's final stages of
completion. It can be ready for occupancy in 2004 and can
accommodate manufacturing, commercial, tourism, IT and other
service enterprises. |
| 4. Abutting the SRP
is the CEBU COASTAL ROAD, a 12 km 4-lane highway that cost P
7B and was also funded by (JBIC). It was designed to improve
traffic in Cebu. |
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