into the Metro Cebu Development Authority was announced, so it can get better access to resources to fund projects such as the Cebu LRT. The system was then was announced to be opened by 2022. However, the project was again revised to its present form on May 28, just two days after the announcement. Dennis Uy's Udenna Corporation, a Davao City-based company, proposed a monorail instead of a light rail system in 2018. Udenna's infrastructure head Michael Jamonir stated that a monorail would cost less to construct and operate than an LRT system. As of 2019, the project costs ₱77.57 billion (US$1.53 billion). Earlier in 2017, the Philtram Transportation Consortium (Philtram) was established. The group comprises Udenna, SYSTRA Philippines, CRRC Nanjing Puzhen, and Bombardier Transportation (later Alstom), among others. By 2020, Philtram announced its interest in building the Cebu Monorail. Department of Transportation Secretary Arthur Tugade announced that both the Cebu BRT and the Cebu Monorail will be complete before the end of 2021. As of October 2021, both the BRT and monorail projects have been delayed beyond the initial 2021 target for partial operability. Design The Cebu Monorail will be a fully-elevated monorail system comprising two lines, the Central Line and the Airport Line. It will be capable of handling up to 15,000 per direction per hour. The maximum speed in the system will be . Lines Central Line The Central Line will be long and will have 14 stations. It will connect downtown Cebu City with Talisay. There will also be a connection with the Airport Line somewhere in Cebu City. So far, stations from these areas have been allotted: Talisay, Bulacao, Cebu South Bus Terminal, Kamputhaw, Mabolo and Kasambagan. Airport Line The Airport Line will be long and will have 6 stations connecting Cebu City with Mactan. Its depot will be located near Mactan–Cebu International Airport. None of the stations have been named asides from one located in the vicinity of the airport. Extensions There will be an extension of the Central Line to Linao in Talisay City and to Liloan via Mandaue. Rolling stock The system will use the Innovia Monorail 300 series trainsets to be built by Alstom (initially Bombardier). Licensed production will also be conducted by CRRC Nanjing Puzhen of China as part of the Belt and Road Initiative. According to one of Udenna's partners in the consortium, Jose Guardo's Maglevvision Philippines, the Innovia