Latest updates about Iloilo Business Park by Megaworld Corp.
Project Details: Urban property developer Megaworld Corporation has acquired the 54-hectare old airport lot in Mandurriao for P1.2B. Megaworld has also announced plans to invest P1.5B to develop it into a Business Process Outsourcing (BPO) hub, the first ever in Western Visayas.

Aerial view of Megaworld Property. Photo by Bernardo Arellano III
The corporation hired the services of Palafox and Associates to make their master plan in the old airport site. The proposed 54.5 hectare Iloilo Business Park by Megaword will adopt a concept of “live-work-play-learn community.” It will have BPO offices, residential condominiums, a hotel, convention center, commercial and retail center, skills training center and recreational facilities. The investment by Megaworld in Iloilo is the first investment made by the corporation outside Manila.
Megaworld Corporation is set to present their development plan before the Sangguniang Panlungsod. The development plan includes the reclassification of the 54-hectare property from institution purposes to mixed purposes. Continue Reading »
GIANT real estate developer Megaworld Corp. is crafting plans to transform the 54-hectare old airport site in Mandurriao, Iloilo City into a tourists’ haven. Read more »
PROPERTY developer Megaworld Corp. needs more than 30 megawatts of electricity to sustain its investments on the old Iloilo airport lot.
Megaworld executive director and senior vice-president Kingson Sian said they need 35MW of power to energize the Iloilo Business Park that the firm is planning to put up on the old airport property. Read more »
GIANT real estate developer Megaworld Corp. yesterday vowed to put Iloilo in the world map of rising business process outsourcing (BPO) industry.
Megaworld top executives led by executive director and senior vice-president Kingson Sian arrived in Iloilo City yesterday for the turnover of 54-hectare old airport property in Mandurriao district at Sarabia Manor Hotel and Convention Center here. Read more »
MEGAWORLD, the giant corporation which has acquired the 54.5 hectare site of the old Iloilo airport in Mandurriao, Iloilo City, is just too eager to start its business interests here.
After the turnover of property to it in simple ceremonies at the Sarabia Manor Hotel last Friday, MegaWorld announced, according to Mayor Jerry P. Treñas, that it has already scheduled its groundbreaking for the structures it would put up in the area three months after, or this coming January 2008. Read more »
ILOILO CITY–Megaworld Corp. will pour an initial investment of P1.5 billion into its newly acquired 54-hectare property, where the old Iloilo airport used to stand. Megaworld, which acquired the property in Mandurriao District for P1.2 billion, plans to build a business park here. Read more »
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“); } ?>Megaworld, which recently offered to buy the old Iloilo airport lot in Mandurriao, Iloilo City at a price of P1.2B, will be developing the 54.5-hectare lot into a new business district with facilities such as hotels, convention facilities and business process outsourcing offices. Continue Reading »
Giant property developer Megaworld Corporation will “formally own” the old airport site in Mandurriao district here next week.
Finance Secretary Margarito Teves will arrive here to lead the turnover on October 12, Iloilo City Mayor Jerry Treñas announced yesterday.
The master plan is underway and probably by next month, it is already completed.
Megaworld Corporation had announced it would initially spend at least P1.5 billion to develop the old Iloilo airport. Read more »
MEGAWORLD Corp. told the Philippine Stock Exchange that it recently signed an accord with the government for the purchase of the 54.5-hectare old Iloilo airport, confirming an earlier Manila Times report. Read more »