Cebu BRT secures funds for feasibility study and transaction advisory

The Project Development and Monitoring Facility has approved funding for conducting a feasibility study and secure transaction advisory services for operations and management of the Cebu BRT project. The project is being developed on a PPP basis and is scheduled for completion by 2019. The BRT corridor will span 16 km from Bulacao to Talamban, covering 33 stations. It will deploy 176 bi-articulated buses.