The Cebu Cordova Link Expressway (CCLEX) turns one year old this month with the local government units (LGUs) of Cebu City and Cordova set to receive P1.69 million each as their respective shares of income from CCLEX’s first year of operation. CDNDigital
The Cebu-Cordova Link Expressway turns one this month with Cebu City and Cordova expected to get their share of the tollway bridge’s income this Friday. /Photo courtesy of Cebu-Cordova Link Expressway Corp.
The one percent share is to be remitted no later than April 30 of each year throughout the 45-year concession period. “For the first year of operations, we are happy that we are almost hitting our projections. Our projections were optimistically high before because we thought COVID will not hit us, but so far since the economy is starting to revive, Cebu’s economy is reviving, our average daily traffic is also increasing,” he told reporters.
CCLEC executives led by CCLEC president and general manager Allan Alfon answer questions from Cebu media during a press conference on Thursday, April 27, 2023.Alfon also shared that the acceptance of motorists on the use of RFID or cashless payment is “quite high” and is almost hitting 100,000 accounts of RFIDs.Moreover, CCLEC is also set to open its temporary food park while preparation of a permanent Drive and Dine facility is also underway.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PUVs may soon access CCLEX if proposal gets LTFRB nodPublic utility vehicles (PUVs) may soon access the Cebu Cordova Link Expressway (CCLEX) if the LTFRB approves a pending proposal to make the country's longest bridge accessible to ordinary transport. CDNDigital READ:
Read more »
Mandaue school adopts measures to keep classrooms cooler amid soaring temperaturesA public school in Mandaue City has adopted measures to ensure that classrooms remain conducive for learning despite the intense heat that is now being experience in Cebu and the rest of the country. CDNDigital
Read more »
Proposed ordinance vs fake goods, illicit tobacco trade gets support from police, NBI-7CEBU CITY, Philippines -- Selling and manufacture of fake goods and illicit tobacco trade in Cebu City may soon shut down as law enforcement agencies here support the proposed ordinance that would
Read more »
Cesafi Esports League plans to add Valorant next seasonCEBU CITY, Philippines--- More Esports games will be featured in the next season of the Cebu Schools Athletic Foundation Inc. (Cesafi) Esports League (CEL) following its highly successful inaugural
Read more »
Moalboal ‘basketbrawl’: Sanctions, bans imposed on those involved in UC-CIT-U meleeMultiple suspensions and bans were imposed by the Moalboal Sports Committee on those involved in April 23’s basketball brawl between the UC Webmasters and the CIT-U Wildcats. CDNDigital READ:
Read more »
Maynilad: Water interruptions may extend past May 16 in south of Metro Manila, CaviteOngoing water interruptions in parts of Parañaque City, Muntinlupa City, Pasay City, Las Piñas City, and Cavite may extend past May 16, the initial target date set by Maynilad Water Services, Inc. | SAbrogarINQ
Read more »