A consortium of South Korean entrepreneurs is proposing a very ambitious project – to cut short land travel – from Cagayan de Oro to Davao cities into only two hours through a super highway passing through series of bridges and mountain tunnels.
Cagayan de Oro City Mayor Constantino Jaraula made the announcement during the city’s first flag-raising ceremony at the city hall grounds yesterday.
According to Jaraula, a group of businessmen from South Korea presented to him their plans during the Christmas holiday break.
He said the businessmen ‘though did not mention any project cost hinted that they will proceed with the project if the local government allows them to collect toll fees for 30 years when the project is completed.
Asked whether the project is feasible, Jaraula said the South Korean entrepreneurs must have already made a feasibility study prior to presentation of their proposal.
Jaraula also said that he is not aware on whether the South Korean consortium had already approached Davao City officials or the national government regarding this plan.
Travelling on the current route toward Davao City via Bukidnon highway will take about six hours.
“Ang proposal sa mga Koreans nga kung naay lawom, himoa’g tulay. Kung naay bukid, bangagan ug himoa’g tunnel. Dili parehas karon nga mag-zigzag ang dalan ug maglikay-likay kung naay bukid,” (the South Korean investors said that they would construct bridges on mountain cliffs and construct tunnels to cross mountains. Unlike today where travelers had to negotiate on zigzag roads as a way of cutting through mountain ridges), Jaraula said.
“If the project comes true, it will certainly benefit Mindanao’s economy considering that movement of people and commodities would be easier and faster,” Jaraula added.
article by Mark Francisco of Gold Star Daily