Tag Archive 'investment'

Megaworld begins relocation of squatters in old airport site

Posted by Marcos Caratao Jr. (Marcos C.) on April 26, 2008 (5:32 am). Categorized Under: Business and Economy.

Megaworld Corporation, buyer of the old airport site in Mandurriao district, has taken all the responsibility for the transfer of informal households covered by the 54-hectare property they bought from the national government. Continue Reading »

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Megaworld needs 35MW of power

Posted by Marcos Caratao Jr. (Marcos C.) on October 13, 2007 (7:16 pm). Categorized Under: Business and Economy.

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 »

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Iloilo to rise in BPO world map

Posted by Marcos Caratao Jr. (Marcos C.) on (7:14 pm). Categorized Under: Business and Economy.

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 »

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MegaWorld groundbreaking in 3 months, says Treñas

Posted by Marcos Caratao Jr. (Marcos C.) on (7:10 pm). Categorized Under: Business and Economy.

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 »

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Megaworld sinks P1.5B in Iloilo venture

Posted by Marcos Caratao Jr. (Marcos C.) on (7:07 pm). Categorized Under: Business and Economy.

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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