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.