Iloilo gov’t awards redevelopment of two public markets to SMPHI

ILOILO CITY—The city government here on Tuesday, August 2, formally awarded the rehabilitation of the Iloilo Central and Terminal Markets to one of the country’s biggest retail companies. Iloilo City Mayor Jerry Treñas turned over the signed 25-year lease agreement to SM Prime Holdings, Inc. (SMPHI), proposing market redevelopments unopposed in a Swiss challenge. Under … Continue reading Iloilo gov’t awards redevelopment of two public markets to SMPHI