{"id":7441,"date":"2024-01-22T15:23:42","date_gmt":"2024-01-22T07:23:42","guid":{"rendered":"https:\/\/megawide.com.ph\/?p=7441"},"modified":"2024-03-01T15:37:24","modified_gmt":"2024-03-01T07:37:24","slug":"carbon-market-constantly-evolving-redefining-the-concept-of-modern-day-palengke","status":"publish","type":"post","link":"https:\/\/megawide.com.ph\/carbon-market-constantly-evolving-redefining-the-concept-of-modern-day-palengke\/","title":{"rendered":"Carbon Market: Constantly evolving, redefining\u00a0the concept of modern day “palengke”"},"content":{"rendered":"\t\t
The Carbon Market in Cebu Province continues to defy conventions of the way a public\u2019s town market or \u201cpalengke\u201d is supposed to look and function. <\/p>\n\n\n\n
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. <\/p>\n\n\n\n
\u201cPhase 1 of our modernized public market collection is currently rolling out, where we are currently transitioning from pure cash payments into semi digital,\u201d confirmed Eco. \u201cWe are confident that by the third quarter of 2024, we will achieve full digitalization, when all payment transactions will be purely cashless.\u201d<\/p>\n\n\n\n
Redeveloping the landscape<\/em><\/strong><\/p>\n\n\n\n Five areas of the modernized Carbon Market are already operational. These are the Bagsakan, Sto. Ni\u00f1o Chapel and Park, Interim Public Market Building, Freedom Park, and Cebu\u2019s newest food destination: The Barracks. Meanwhile, its main segment will commence construction by the first quarter of 2024. <\/p>\n\n\n\n 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.\u00a0<\/p>\n\n\n\n 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.<\/p>\n\n\n\n With regard to \u201cThe Barracks\u2019\u201d 172 units, 158\u2014or 92%\u2014are now under lease. Its amusement and exhibits area opened last November 3.\u00a0<\/p>\n\n\n\n For the \u201cFreedom Park,\u201d all but one of its 16 commercial spaces (94%) have been leased. In the Sto. Ni\u00f1o Chapel area, half or 5 of the spaces for businesses have been rented out.<\/p>\n\n\n\n \u201cWe also continued to innovate services for tenants and workers in the market with the opening of the Carbon Market\u2019s dormitory-hotel as well as a pay shower at the interim public market,\u201d the C2W executive imparted. \u201cThose facilities provide for decent working and staying conditions for tenants and workers.\u201d<\/p>\n\n\n\n \u201cC2W intends to change the way marketplaces are appreciated by Filipinos,\u201d Eco pointed out. \u201cCebuanos can expect more from the Carbon Market, as it will be a prime example of a modern \u2018palengke\u2019 for Pinoys to enjoy and embrace come 2024.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":" The Carbon Market in Cebu Province continues to defy conventions of the way a public\u2019s town market or \u201cpalengke\u201d 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. […]<\/p>\n","protected":false},"author":14,"featured_media":7442,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","inline_featured_image":false,"pgc_sgb_lightbox_settings":"","footnotes":""},"categories":[27],"tags":[],"acf":[],"yoast_head":"\n