Megawide admits no comprehensive plan for Sitio Bato in Carbon Market JVA, Cebu City Council hearing reveals
cebudailynews.inquirer.netMegawide's Cebu2World Development told the Cebu City Council it has not yet prepared the comprehensive plan required under the Supplemental Joint Venture Agreement for Sitio Bato residents. The admission came during a June 1 hearing by the Committee on Housing, which is reviewing housing and relocation provisions tied to the Carbon Public Market redevelopment. The developer said it has no authority to evict residents and would build socialized housing if the city decides on that approach. The Project Oversight Committee, which includes four Megawide representatives and three city officials, has not met this year. That has delayed formal talks on the comprehensive plan. The City Legal Office confirmed that Sitio Bato sits on reclaimed land not yet classified as alienable, adding legal complexity. The committee recommended the city clarify the legal status of the area, convene the oversight committee, and decide on a housing model. The council will use the report to continue its review of the Carbon Market Joint Venture Agreement.
