CEBU CITY, Philippines — Cordova is as of now feeling the monetary effect that the Cebu-Cordova Link Expressway (CCLEX) is required to expedite 2021.
City hall leader Mary Therese Cho said on Thursday, January 22, 2020, during the advancement visit on Shell Island, that an astounding increment in the land costs could be ascribed to the CCLEX.
"Daghan kaayong mga kaayohan gidala nang third scaffold sa atong lungsod. Daghang lungsod speculations nisulod. All things considered our reasonable worth sa among mga yuta ni times ten na," she said.
(There are numerous advantages that the third extension has brought to our town. There are numerous ventures coming in. All things considered, the market estimation of our territories have risen.)
Prior to the beginning of the development of the CCLEX in 2018, the land cost was distinctly all things considered P500 per square meter, yet in January 2020, the land has come to P5,000 per square meter.
This expansion of land an incentive in a brief timeframe places Cordova in an interest in the market, a great draw for speculations.
Connecting the town to the focal point of Metro Cebu — Cebu City — would get more openings for work, business possibilities, and organizations for the community.
Cho said she was anticipating that the extension would assume an indispensable job in the "financial blast" of Cordova.
Cho trusts that CCLEX will be halfway wrapped up by April 2021 in time of the festival of the Quincentennial commemoration of Christianity and the bravery of Lapu-lapu, an occasion of across the nation significance.
Moreover, she said she trusted that the Congress would have the option to name the CCLEX as Santo Niño Bridge by 2021 so the new "notable" structure would be initiated thusly.