The Carbon Market in Cebu Province continues to defy conventions of the way a public鈥檚 town market or 鈥減alengke鈥� is supposed to look and function.
For starters, commercial activity is starting to embrace digitalization, as confirmed by Deputy General Manager Lydwena Eco of Cebu2World (C2W) Development Inc., which is the operator of the Carbon Market. C2W is a subsidiary of engineering and infrastructure innovator 香港6合宝典资料.
鈥淧hase 1 of our modernized public market collection is currently rolling out, where we are currently transitioning from pure cash payments into semi digital,鈥� confirmed Eco. 鈥淲e are confident that by the third quarter of 2024, we will achieve full digitalization, when all payment transactions will be purely cashless.鈥�
Redeveloping the landscape
Five areas of the modernized Carbon Market are already operational. These are the Bagsakan, Sto. Ni帽o Chapel and Park, Interim Public Market Building, Freedom Park, and Cebu鈥檚 newest food destination: The Barracks. Meanwhile, its main segment will commence construction by the first quarter of 2024.
Prior to these works, C2W worked on improving necessary infrastructure such as clearing, repair and widening of roads and sidewalks, improving drainage systems, and enhancing safety and security in partnership with the Philippine National Police.聽
In the interim building, stalls are almost completely leased at 98%, as 892 out of 910 are already occupied. For commercial spaces, seven out of 10, or 70%, have been rented out.
With regard to 鈥淭he Barracks鈥欌�� 172 units, 158鈥攐r 92%鈥攁re now under lease. Its amusement and exhibits area opened last November 3.聽
For the 鈥淔reedom Park,鈥� all but one of its 16 commercial spaces (94%) have been leased. In the Sto. Ni帽o Chapel area, half or 5 of the spaces for businesses have been rented out.
鈥淲e also continued to innovate services for tenants and workers in the market with the opening of the Carbon Market鈥檚 dormitory-hotel as well as a pay shower at the interim public market,鈥� the C2W executive imparted. 鈥淭hose facilities provide for decent working and staying conditions for tenants and workers.鈥�
鈥淐2W intends to change the way marketplaces are appreciated by Filipinos,鈥� Eco pointed out. 鈥淐ebuanos can expect more from the Carbon Market, as it will be a prime example of a modern 鈥榩alengke鈥� for Pinoys to enjoy and embrace come 2024.鈥�
