By Junex Doronio
June 17, 2022
LAPU-LAPU CITY, Cebu — Coinciding with this city’s 61st Charter Day celebration, Mayor Junard “Ahong” Chan on Friday signed the memorandum of agreement (MOA) with Lapu-Lapu Expressway (LLEX) Corp. president Manuel Gonzales for the construction of the P24.8-billion Skyway next year.
Chan said the Skyway — which will be the first skyway in the country outside of Metro Manila — aims to reduce traffic congestion and boost the city’s economy.
Maharlika TV gathered that the proposed Skyway project is worth P24.8 billion that will be implemented under a private-public partnership (PPP) arrangement, with no cost from the city government.
On December 7 last year, the mayor said the Lapu-Lapu Expressway or LLEX can boost the economy not only of the city but also of the entire province of Cebu.
Chan and Gonzales inked the MOA during the city’s Charter Day celebration at the Session Hall.
The expressway will pass through Barangay Babag, Cebu Light Industrial Park in Barangay Basak, Aviation Road, Carmelite Foundation School, Barangay Ibo, and the Mactan-Cebu International Airport (MCIA) access road.
Chan also allayed fears that some roads will be affected by the Skyway Project.
Once the Skyway is completed, the motorists who would pass through the skyway will have to pay a toll fee, just like at the newly-opened Cebu-Cordova Link Expressway (CCLEX).
The city will have a share of only one percent of the income of the Skyway in the first 15 years, while it will increase to two percent in the following years. (ai/mtvn)