South Korean Firm Begins Construction of New Cebu Port in Philippines

After a long delay, the construction of the New Cebu International Container Port (NCICP) in the Philippines has finally kicked off. The Transportation Secretary Jamie Bautista in company of other senior government officials this week led the groundbreaking ceremony for the port. The $290 million NCICP is located in Tayud, a district at the northern end of Cebu City.

The project was first mooted in the early 2000s but experienced approval delays. However, in December the gove…