Tag Archive 'megaworld'

Megaworld sinks P1.5B in Iloilo venture

Posted by Marcos Caratao Jr. (Marcos C.) on October 13, 2007 (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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Megaworld to develop old Iloilo Airport lot into new business district

Posted by Marcos Caratao Jr. (Marcos C.) on October 10, 2007 (3:00 pm). Categorized Under: Feature Updates.

“); } else { echo(”Megaworld to develop old Iloilo Airport lot into new business district
“); } ?>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 »

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Megaworld to ‘formally’ own old airport site on Oct. 12

Posted by Marcos Caratao Jr. (Marcos C.) on October 6, 2007 (2:56 am). Categorized Under: Projects and Proposals.

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 »

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Megaworld, govt sign accord on old Iloilo Airport

Posted by Marcos Caratao Jr. (Marcos C.) on October 3, 2007 (10:34 am). Categorized Under: Business and Economy.

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 »

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DOF, Megaworld to sign initial contract for Iloilo old airport privatization

Posted by Marcos Caratao Jr. (Marcos C.) on September 11, 2007 (12:16 pm). Categorized Under: Business and Economy.

ILOILO CITY, Sept. 11 (PNA) — The Department of Finance (DOF) and Megaworld Corporation are slated to sign an initial contract for the privatization of the 54-hectare property of the Air Transportation Office (ATO) in Mandurriao district this week. Read more »

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Megaworld to make old airport ‘a city within a city’

Posted by Marcos Caratao Jr. (Marcos C.) on August 5, 2007 (1:12 am). Categorized Under: General.

MEGAWORLD Corp., the property development firm which offered P1.2 billion for the old Iloilo airport lot in Mandurriao, Iloilo City, envisions “a city within a city” in its development plan for the property. Read more »

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Panel endorses Megaworld offer for Iloilo property

Posted by Marcos Caratao Jr. (Marcos C.) on (1:11 am). Categorized Under: Business and Economy.

Property firm Megaworld Corp. has submitted a firm offer to the Department of Finance to buy the 54.5-hectare old Iloilo airport in Mandurriao, Iloilo City, for P1.2 billion in cash. Read more »

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