Chinese firm eyes Iloilo City for monorail system project
CEBU, Philippines - A Chinese firm has shown interest to put up a monorail system in Iloilo City.
Mayor Jed Patrick Mabilog, who received the communication through an email Tuesday evening, said that he would forward the proposal to the city planning and development office to “seriously look” into the matter.
“These are all offers, showing a big promise for Iloilo to still become bigger because there are investors that are interested to invest in the city,” he said.
The name of the Chinese firm was not disclosed although according to the emailed communication, the firm met with President Rodrigo Duterte when the latter visited China.
The mayor explained that the company was looking for areas where they could invest aside from key cities of Davao and Cagayan de Oro.
He was optimistic of the investment as he said that it would not entail any expense on the part of the city government. If realized it will be a big help to mobility, he added.
“I am very much interested in the project,” he said, adding that probably it could serve the city’s coastal areas going to the downtown area. (PNA)(FREEMAN)
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