Korea investors eye cable car project in Iloilo City, Guimaras


ILOILO CITY: Korean investors are eyeing a cable car project over the Iloilo Strait linking Iloilo City and the island province of Guimaras.

City Mayor Jed Patrick Mabilog said that a big company based in Seoul, South Korea had been inquiring about the viability of a cable car project over the strait of about 1.7 nautical miles from the city as possible investment area in the near future.

Cable cars are one of the most convenient means of transportation for people in far-flung and high altitude areas in South Korea. Tourists usually use cable cars to see the natural attractions in the country.

Mabilog and city councilor Plaridel Nava last week visited South Korea in a business trip sponsored by Citynet. Iloilo City is a permanent member of Citynet Asia.

During the trip, Mabilog saw the country’s waste-to-energy project, which turns garbage into pellets as fuel of turbines to produce energy.

Mabilog said the project is feasible in Iloilo City under a public-private partnership (PPP), which would turn garbage in the city dumpsite in Calajunan, Mandurriao to produce energy of at least eight megawatts.

Iloilo City is generating some 170 metric tons of garbage everyday and these are dumped in Calajunan.

Mabilog said the project would lengthen the lifespan of the sanitary landfill in Calajunan and at the same time, produce electric energy to augment the power needs of the city.

Two private corporations have already submitted their proposals for the waste-to-energy project by using the city’s garbage. The project site is a one-hectare area within the Calajunan dumpsite allowed for use by the city government.

A technical working group was created early this year to evaluate the project proposals of German corporation Senova and Korea’s Dream Eng.

Mabilog said the project is expected to start early next year.


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