HomeMegaworld to develop old Iloilo Airport lot into new business districtMegaworld, 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 By Marcos Detourista on October 10, 2007Megaworld, 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.On October 12, Iloilo City, Finance Secretary Margarito Teves will arrive in Iloilo lead the turnover. Megaworld said that if it won the property it would apply for a “special economic zone” license for a project to transform the former airport into a central business district. According to its official website, Megaworld foresee its project “to become a magnet for major business process outsourcing (BPO) companies interested to set up shop in the Visayas region.”The masterplan for Megaworld’s development will be designed by Palafox Associates, one of the Philippines’ premier architectural, planning, and design firm. The plan will be released by next month, as announced. Megaword Corporation will spend P1.5B for the initial development.Early this year, the bidding for the lot failed as all of the bidders (SM Prime Holdings, Empire East Landholdings Inc., and Robinsons Land Corporation) fell short of the minimum floor price of P1.2B. Megaworld then submitted and offered to buy the old airport through negotiated sale, which was endorsed by the finance department.Megaworld is the pioneer developer of urban information technology/BPO parks in the country starting with the PEZA-accredited Eastwood City CyberPark. The CyberPark is a centerpiece of Eastwood City, its premier live-work-play project in Quezon City. At present, Megaworld is replicating its initial success in Eastwood City in other parts of Metro Manila, namely, Newport City at Villamor Air Base in Pasay City and McKinley Hill at Fort Bonifacio in Taguig City. Within the next five years, Megaworld plans to build around 500,000 square meters of BPO office space across different locations not only in Metro Manila but also in key centers outside the National Capital Region.Don’t leave yet. There’s more!Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment *Name * Email * Website ΔThis site uses Akismet to reduce spam. Learn how your comment data is processed.Comments JO saysJuly 21, 2009 at 12:30 pmWe are so thankful that Megaworld is here in ILOILO, and surely one their biggest investments in the whole Philippines. ILOILO is one of the cities in the whole world that President Obama endorsed for BPO. A good spot for Call Centers. Cheers!Reply JO saysJuly 21, 2009 at 12:25 pm….I have cool names for those politicians….here’s one of the coolest names….”crocodiles in the island”! How about that?!! Too many to mention if I post those “names” in here. Holla!Reply JO saysJuly 21, 2009 at 12:21 pmThe thing is Iloilo’s leaders are so slow when it comes to project. As long as there is a budget allocated the project has to be started. Doesn’t make any sense to delay while the budget is available. What for??!! What I am thinking is….basi bala nga magtalang pa inang ‘budget” sa ila nga mga bulsa, especially that the election is fast approaching, yanno what I mean??!! Waslik wala kag tu-o ang gasto sining mga “crocs” nga mga politicos. Mga KAPAL MOKS!! Grrrr!!Reply Arnel saysMarch 17, 2009 at 11:48 amAng cool power plan tama na gid ina kaimportante sa iloilo dapat suguran na ina para pagid nga madamo pa gid nga mga investors ang masulod sa aton ciudad, ang ang Internnational fligths dapat suguran naman ,masdamo tawo ang panay almost 4.6 million nga isla kisa sa cebu nga 3.5 million lang kag damo ang mga Ilonggo nga ara sa abroad ano pa damo naga kadto sa cebu kag manila bangud balan sang aton kasimanwa nga wala man flight sa luwas sa Iloilo , kong masuguran ina ang mga kasimanwa ta indi na ina sila magpa cebu kag pa manila pa ah,dapat gid nga ang Iloilo masugudan na sugid lang ina kong maumpisahan na. Amo mana ang natabo sang una sa cebu kag davao ti amat amat man lang subung naandan naman sang mga pasahero haw? Ginapanawagan ang tanan nga mga local city kag provincial govt kag bilog nga tawo sa panay demand kamo bala ? kay kong indi magdemand tuon lang na sa wala kay iban na ya nahadlok mana nga grabi gd nila nga competensya ang iloilo kong matabo kag balan gid nila ang potential sang manugbugtaw nga Economiya liwat sang ILOILO. Kasimanwa amo na ini ang oras liwat sang pag arangkada sang aton banwang ILOILO. Bangun ta liwat?Reply Sporty saysApril 5, 2008 at 6:06 amPanay Island has plenty of beautiful and virginal places waiting to be developed. When these places are developed, surely will be another HUGE income for the whole island. See Boracay Island Beach and Resorts?!! Now cheers! :)Reply crust saysMarch 1, 2008 at 2:07 pmhighblood gd si jolly.. hehe joke. pasensya lang gd miss jolly,, hindi ako agree sa coal fired power plant.. agree ako s multa about vandalism, ang pagtapon sang basura sa hindi husto nga lugar kag jaywalking.. kita na gid nila nga no jaywalking pero wala man ti gapati.. wala pa hasta subong ang rendering sang masterplan nila?Reply Jolly saysFebruary 28, 2008 at 11:34 pmAng masiling ko nga dali-dalion inang Coal Power Plant nga maconstruct para man makasugod ang construction sang Megaworld. Time is running out, and time is gold. Indi lang Megaworld kundi ang iban pa nga mga maabot nga mga projects sa ciudad sang ILOILO. BTW, ang mga Vandalismo multahan kag pagapresuhon oras nga madakpan, cash and jail time penalty. Malimpiuhon inang mga tonto nga ina sang kaselyas publiko oras nga madakpan. That’s all.Reply
JO saysJuly 21, 2009 at 12:30 pmWe are so thankful that Megaworld is here in ILOILO, and surely one their biggest investments in the whole Philippines. ILOILO is one of the cities in the whole world that President Obama endorsed for BPO. A good spot for Call Centers. Cheers!Reply
JO saysJuly 21, 2009 at 12:25 pm….I have cool names for those politicians….here’s one of the coolest names….”crocodiles in the island”! How about that?!! Too many to mention if I post those “names” in here. Holla!Reply
JO saysJuly 21, 2009 at 12:21 pmThe thing is Iloilo’s leaders are so slow when it comes to project. As long as there is a budget allocated the project has to be started. Doesn’t make any sense to delay while the budget is available. What for??!! What I am thinking is….basi bala nga magtalang pa inang ‘budget” sa ila nga mga bulsa, especially that the election is fast approaching, yanno what I mean??!! Waslik wala kag tu-o ang gasto sining mga “crocs” nga mga politicos. Mga KAPAL MOKS!! Grrrr!!Reply
Arnel saysMarch 17, 2009 at 11:48 amAng cool power plan tama na gid ina kaimportante sa iloilo dapat suguran na ina para pagid nga madamo pa gid nga mga investors ang masulod sa aton ciudad, ang ang Internnational fligths dapat suguran naman ,masdamo tawo ang panay almost 4.6 million nga isla kisa sa cebu nga 3.5 million lang kag damo ang mga Ilonggo nga ara sa abroad ano pa damo naga kadto sa cebu kag manila bangud balan sang aton kasimanwa nga wala man flight sa luwas sa Iloilo , kong masuguran ina ang mga kasimanwa ta indi na ina sila magpa cebu kag pa manila pa ah,dapat gid nga ang Iloilo masugudan na sugid lang ina kong maumpisahan na. Amo mana ang natabo sang una sa cebu kag davao ti amat amat man lang subung naandan naman sang mga pasahero haw? Ginapanawagan ang tanan nga mga local city kag provincial govt kag bilog nga tawo sa panay demand kamo bala ? kay kong indi magdemand tuon lang na sa wala kay iban na ya nahadlok mana nga grabi gd nila nga competensya ang iloilo kong matabo kag balan gid nila ang potential sang manugbugtaw nga Economiya liwat sang ILOILO. Kasimanwa amo na ini ang oras liwat sang pag arangkada sang aton banwang ILOILO. Bangun ta liwat?Reply
Sporty saysApril 5, 2008 at 6:06 amPanay Island has plenty of beautiful and virginal places waiting to be developed. When these places are developed, surely will be another HUGE income for the whole island. See Boracay Island Beach and Resorts?!! Now cheers! :)Reply
crust saysMarch 1, 2008 at 2:07 pmhighblood gd si jolly.. hehe joke. pasensya lang gd miss jolly,, hindi ako agree sa coal fired power plant.. agree ako s multa about vandalism, ang pagtapon sang basura sa hindi husto nga lugar kag jaywalking.. kita na gid nila nga no jaywalking pero wala man ti gapati.. wala pa hasta subong ang rendering sang masterplan nila?Reply
Jolly saysFebruary 28, 2008 at 11:34 pmAng masiling ko nga dali-dalion inang Coal Power Plant nga maconstruct para man makasugod ang construction sang Megaworld. Time is running out, and time is gold. Indi lang Megaworld kundi ang iban pa nga mga maabot nga mga projects sa ciudad sang ILOILO. BTW, ang mga Vandalismo multahan kag pagapresuhon oras nga madakpan, cash and jail time penalty. Malimpiuhon inang mga tonto nga ina sang kaselyas publiko oras nga madakpan. That’s all.Reply