Wednesday, February 13, 2013

SB Malay staggered by the billion cost of underwater tunnel

An underwater tunnel project was formally presented before the council on yesterday’s SB session.

Present during the session was Istvan Tapai of Pharcos Philippine Incorporated who presented and explained the benefits of an underwater tunnel which will connect Caticlan to Boracay.

After hearing and learning the advantages that the project may give to the island, the council however was doubtful if they would accept the proposal.

It turned out that the project was very costly and that it is unclear if Pharcos or if there are any interested group and or investors that would be willing to shoulder the expenses to make this possible.

According to Tapai, it would be better if the local government itself will be spending for the cost so it would be directly owned by the municipality.

The council’s excitement however waned off after hearing that it would costs billions.

This is despite Tapai’s explanation that the LGU could save up 5 to 10 percent compare to the bridge that they have previously planned.

If made possible, the said tunnel would serve as the passage of vehicles from Caticlan to Boracay. This would cost 43 to 45 million dollars, which can be completed in a span of 6 to 9 months.

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