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Carbon Alliance: ‘Supplemental MOA has no essential difference to defective JVA’

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CEBU CITY, Philippines -- Carbonhanong Alyansa, the primary vendor group opposing Megawide’s redevelopment of the Carbon Market, maintained that the recently signed supplemental memorandum of

Artist Impression of a redeveloped Carbon Public Market | Photo courtesy of Megawide Construction Corporation

“First, provisions privatizing Carbon remain. Management and control of the project is still with SM-Megawide for 50 years. It is still Megawide that collects and receives all revenues from the project including those of the new market,” reads a portion of the statement. This ensures that the development will continue regardless of whether a unit has already been occupied by renters.

Sought for comment, Joworski Alipon, the public affairs and public relations lead of the Cebu2World, a wholly-owned subsidiary of Megawide, said: “We have already explained in many occasion in the past our goal of providing a better Carbon without sacrificing the livelihood of the vendors. Everything that we are doing is for the good of Cebu.”

 

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