The PHP80-million new town center is expected to spur more economic activity in the municipality of Cordova which hosts the iconic Cordova-Cebu Link Expressway (CCLEX), a local official said Wednesday.
Jonkie Ouano, Cebu’s 6th district provincial board member, said the New Cordova Town Center, which was inaugurated on Tuesday, would generate more employment not only for the residents of the municipality but also for its neighboring towns.
Wet and dry goods suppliers and vendors are the predominant sectors expected to benefit more from the project, Ouano said.
“The town will have more income as more entrepreneurs are expected to invest in the new town center. It transforms Cordova into what it takes to be the municipality with its renowned CCLEX,” Ouano told the Philippine News Agency.
He said the facility, previously known as the Cordova Public Market, was funded through a loan from the Department of Budget and Management.
The provincial government also chipped in an additional PHP12.8 million to make the project materialized.
The three-story structure covering a 1,400-square-meter area in Barangay Poblacion features stalls for the wet market and spaces open for leasing for various businesses.
The center now serves as a vital hub for commerce, spurring economic activity and generating additional employment for the townsfolk.
Governor Gwendolyn Garcia, Cordova Mayor Cesar Suan, Ouano, and 6th District Rep. Daphne Lagon attended the inauguration. (PNA)
