Osmeña plans to revive Kawit joint venture

Now that the administration bloc, Bando Osmeña Pundok Kauswagan (BOPK) sits as the majority of the Cebu City Council, Mayor Tomas Osmeña is planning to revive the P18-billion Kawit Island Project anytime soon.

The Kawit joint venture agreement was junked by the council last May, which was then led by the opposition Barug Team Rama-PDP Laban.

Universal Hotels and Resorts Inc. (UHRI), a development-arm of Gokongwei-led JG Summit Holdings Corp., intends to develop the 8-hectare Kawit Island Property into an integrated resort.

“They (UHRI) are willing to start right away,” said Osmeña.

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