A new US$60 million container port in Consolacion, Phillipines is being developed to relieve congestion at the nearby Cebu International Port (CIP), reported Philstar.
The current CIP, with a footprint of a mere 14 hectares is constrained from further development by its location in Cebu City, whereas the development of a new port on Consolacion will allow more room for future expansion, with an initial area of 25 hectares.
The shallow depths at CIP also do not allow for today’s mega ships, so deeper berths and a longer quayside will for much larger vessels to visit the region.
Speaking to Philstar, Hilario Davide III, Governor of Cebu, said: “The effects of this project will spread throughout the province,
“Consolacion and the rest of the towns and cities’ economy will be boosted. We can expect international vessels going there and this should mean income and jobs.”
Expected to be completed in 2020, the new port was one of ten large infrastructure projects approved by the National Economic and Development Authority, with a total investment of nearly $3.5billion.