By Charmaine A. Tadalan
Task Force Bangon Marawi (TFBM) on Friday, Aug. 17, moved its target groundbreaking of the Marawi rehabilitation from August to September as it finalizes deal with developer Power China.
“We are now saying that it will be on Sept. 19, the groundbreaking, But it will not affect our target deadline of completing the most affected area rehabilitation by December of 2021,” Housing and Urban Development Coordinating Council (HUDCC) chair Eduardo D. del Rosario told reporters in a press briefing.
According to HUDCC Undersecretary Falconi V. Millar, the Bangon Marawi selection committee is currently in negotiation with Power China and is expected to finalize the deal “by end of next week.”
The HUDCC chair said “as of now, it’s (the rehabilitation) about 16.8 billion. But the nitty-gritty of the negotiation on the details, it will be undertaken starting today and we hope to complete it by next week.”
He noted the figure might still change depending on the outcome of the negotiation.