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CEBU, Philippines - French Prime Minister Jean-Marc
Ayrault will be in Cebu on Sunday to be updated on the Bus Rapid Transit
(BRT) project co-financed by the Agence Francaise du Developpement
(French Development Agency) and the World Bank (WB).
A status of the BRT project will be presented to Ayrault by WB consultant Colin Brader and City Traffic Operations Management Executive Director Rafael Christopher Yap.
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Yap said the French Prime Minister wants to know progress of the BRT project in Cebu City.
Agence Francaise du Developpement (AFD) has allocated USD52 million or over P2 billion for the BRT.
The BRT will cost about USD211 million according to the feasibility study.
The rest will be funded by the World Bank through a loan by the national government.
The BRT project is one of the priority projects of the Aquino administration.
By 2015, the expected operation date of the project, the first BRT system will operate in the country, particularly in Cebu City.The details of the feasibility study will be reported to Ayrault before the latter proceeds to his other engagements here.
The presentation will be at the Provincial Capitol.
Ayrault is also scheduled to attend the inauguration of the Alliance Francaise de Cebu, a French Cultural Institute and Language Center, located in barangay Lahug.
Ayrault will be accompanied by over 100-member delegation comprising of ministers, parliamentarians including businessmen and investors who will be in the country for the Philippine-French Business Forum tomorrow.
The French Prime Minister will arrive in Manila today and is scheduled to meet with President Benigno Aquino III tomorrow.
He will arrive in Cebu at 10 a.m. and will be met by Gov. Gwendolyn Garcia and Lapu-Lapu City Mayor Paz Radaza at the airport.
He will also visit the Lapu-Lapu Shrine.
The Department of Foreign Affairs earlier expressed its hopes that this visit of Ayrault in the country will renew the Philippines' bilateral ties with France. (FREEMAN)
A status of the BRT project will be presented to Ayrault by WB consultant Colin Brader and City Traffic Operations Management Executive Director Rafael Christopher Yap.
ENJOY GOOD LIFE + INVESTMENT, CLICK HERE
Yap said the French Prime Minister wants to know progress of the BRT project in Cebu City.
Agence Francaise du Developpement (AFD) has allocated USD52 million or over P2 billion for the BRT.
The BRT will cost about USD211 million according to the feasibility study.
The rest will be funded by the World Bank through a loan by the national government.
The BRT project is one of the priority projects of the Aquino administration.
By 2015, the expected operation date of the project, the first BRT system will operate in the country, particularly in Cebu City.The details of the feasibility study will be reported to Ayrault before the latter proceeds to his other engagements here.
The presentation will be at the Provincial Capitol.
Ayrault is also scheduled to attend the inauguration of the Alliance Francaise de Cebu, a French Cultural Institute and Language Center, located in barangay Lahug.
Ayrault will be accompanied by over 100-member delegation comprising of ministers, parliamentarians including businessmen and investors who will be in the country for the Philippine-French Business Forum tomorrow.
The French Prime Minister will arrive in Manila today and is scheduled to meet with President Benigno Aquino III tomorrow.
He will arrive in Cebu at 10 a.m. and will be met by Gov. Gwendolyn Garcia and Lapu-Lapu City Mayor Paz Radaza at the airport.
He will also visit the Lapu-Lapu Shrine.
The Department of Foreign Affairs earlier expressed its hopes that this visit of Ayrault in the country will renew the Philippines' bilateral ties with France. (FREEMAN)
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