Carbon Market supplemental MOA changes fate of vendors, Sitio Bato residents

Delta Dyrecka Letigio 03/23/2022

CEBU CITY, Philippines — The supplemental Memorandum of Agreement (MOA) of the disputed Joint Venture Agreement (JVA) for the Carbon Market modernization program should improve the fate of Sitio Bato residents and the market vendors. Lawyer Colin…

Megawide: Transfer of 700 Freedom Park, Warwick vendors to start Jan. 28

Delta Dyrecka Letigio 01/26/2022

CEBU CITY, Philippines — Megawide Construction Corp. plans to start moving the 700 identified vendors from the Warwick Barracks and Freedom Park of the Carbon Market to the Interim Market in Unit II starting January 28, 2022.…

Carbon Alliance inks another manifesto against Carbon Market modernization

Delta Dyrecka Letigio 11/05/2021

CEBU CITY, Philippines — A multisectoral alliance has once again sought a stop to the Carbon Market modernization project of the Cebu City government and Megawide Construction Corp. In a manifesto released by the Carbon Alliance following…

Megawide willing to negotiate supplemental MOA for Carbon Market

Dyrecka Letigio 09/24/2021

CEBU CITY, Philippines — Megawide Construction Corp., the construction giant taking on the Carbon Modernization project, is willing to negotiate with the city government for a Memorandum of Agreement (MOA) if this is the decision of the…

Carbon modernization underway as clearing operation starts

Morexette Marie B. Erram 09/13/2021

CEBU CITY, Philippines – The construction of a modernized Carbon Public Market is now underway. Authorities from the Cebu City Government have started clearing portions of Lavo Seaside on Sunday, September 12, with 20 vendors already relocated.…

Charges filed against Labella, Rama, other city execs for Carbon modernization

Dyrecka Letigio 09/08/2021

CEBU CITY, Philippines — A group of Cebu City residents has filed charges of grave misconduct and corruption against Cebu City Mayor Edgardo Labella, Vice Mayor Michael Rama, some City Council members, and other city officials over…

Not all ambulant vendors will be accommodated in interim market — MOD

Delta Dyrecka Letigio 06/16/2021

CEBU CITY, Philippines — Only some of the ambulant vendors of the Carbon Market will be accommodated in the temporary interim market Megawide will build for vendors of Warwick Barracks and Freedom Park. Market Operations Division (MOD)…

Cebu City to get P5 million from Megawide this year for Carbon Market modernization

Delta Dyrecka Letigio 06/15/2021

CEBU CITY, Philippines — Cebu City will get P5 million by the end of this year as the Carbon Modernization Project to be undertaken by Megawide Construction Corporation commences. This was the agreed-upon amount in the Joint…

Megawide promises completion of Interim market by last quarter of the year

Delta Dyrecka Letigio 06/15/2021

CEBU CITY, Philippines — Construction giant, Megawide Construction Corp., promises that the interim market where vendors affected with the modernization of the Carbon Market would be transferred will be finished before the end of the year. Megawide…

Megawide Carbon Market modernization breaks ground

Delta Dyrecka Letigio 03/24/2021

CEBU CITY, Philippines — The Carbon Market modernization program finally broke ground after twice delayed on March 24, 2021, signifying the start for the multibillion public-private partnership project of the Cebu City government and of Megawide Construction…

Megawide groundbreaking moved to Wednesday

Delta Dyrecka Letigio 03/23/2021

CEBU CITY, Philippines — The groundbreaking of the much-disputed Carbon modernization program was once again postponed due to conflicts between developer giant, Megawide Construction Corp., and the Carbon Market vendors. The groundbreaking was scheduled for 2 p.m.…

Vendors: We will not give up Carbon Market

Delta Dyrecka Letigio 03/23/2021

CEBU CITY, Philippines — The Carbon Market vendors are dismayed that the groundbreaking for the Carbon Modernization program will push through on Tuesday, March 23, 2021, despite issues surrounding the joint-venture-agreement (JVA) the city has entered through…

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