Ceboom

CEBOOM refers to the boom of Cebu's economy in early part of the 90's.

Contents

Role of Typhoon Ruping

Super Typhoon Mike (PAGASA name: Ruping) crossed Cebu on November 13, 1990, destroying many houses in Cordova, sinking ships in the harbor, and leaving the metropolitan area without electricity and potable water.[1] It took about a month to restore electricity.[2]

Cebu leaders requested Manila for assistance but because the typhoon also paralyzed vital structures in the capital, the request was turned down.

Boom of Cebu's economy

After the typhoon Cebu's infrastructure was updated. Two major mall chains in the country, ShoeMart (SM) and Ayala, opened outlets in the city. Road widenings and construction projects mushroomed in the city. Traffic at the old Mactan-Mandaue Bridge (itself an engineering feat at that time) started to have bottlenecks.[3] (A second bridge was later constructed.)

Aftereffects

CEBOOM was instrumental in Emilio Mario Osmeña's confidence to bid for the 1992 Philippine presidential elections. It also strengthened the concept of the Republic of Cebu.

Footnotes

  1. ^ http://www.typhoon2000.ph/stats/10WorstPhilippineTyphoons.htm, accessed 6/30/07.
  2. ^ http://www.renriquez.com/wordpress/?p=331, accessed 6/30/07.
  3. ^ http://habagat.i.ph/blogs/habagat/?p=30, accessed 6/30/07.