THE local government units of Cebu City and Cordova are richer by P3.7 million each after they got their share from the toll revenues generated by the Cebu-Cordova Link Expressway in its second year of operation.The Cebu Cordova Link Expressway Corp. remitted the LGUs’ share on Tuesday morning, April 30, 2024.Cebu City and the town of Cordova are the hosts of the toll bridge that connects mainland Cebu and Mactan Island.
During CCLEX’s first year of operation, the two LGUs received P1.69 million each as their share of the toll revenues.The P33-billion toll bridge opened to the public in April 2022.CCLEC recorded 5.24 million vehicles using the 8.9-kilometer modern toll expressway in its second year of operation, marking a 45.5 percent increase compared to the 3.6 million vehicles recorded during its inaugural year.
CCLEX Cebu Cordova Link Expressway Corp. Toll Revenues
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